Scheme for Reimbursement of MDR- withdrawal of RBI circulars - ಆರ್ಬಿಐ - Reserve Bank of India
Scheme for Reimbursement of MDR- withdrawal of RBI circulars
RBI/2018-19/210 June 13, 2019 To All Acquiring Banks of Debit Card/ BHIM UPI/ BHIM Aadhaar Pay transactions Dear Sir Scheme for Reimbursement of MDR- withdrawal of RBI circulars Please refer to our following instructions on the MDR reimbursement schemes:
2. It has been decided that reimbursement of MDR claims will be handled directly by Ministry of Electronics and Information Technology (MeitY) w.e.f. January 01, 2019. In view of this, the above mentioned circulars/letters issued by Reserve Bank of India stand withdrawn from the date of this circular. Yours faithfully (Charulatha S Kar) |