November 05, 2024 15:02 (IST)
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Supreme Court asks Centre, banks to clarify whether they are implementing waiver of interest on interest

Supreme Court asks Centre, banks to clarify whether they are implementing waiver of interest on interest

New Delhi/UNI: Supreme Court on Wednesday asked the Centre and banks to clarify whether they are implementing the waiver of interest on interest or not for the Covid 19 moratorium period.

Axis Bank announces waiver on Merchant Discount Rate

Axis Bank announces waiver on Merchant Discount Rate

Mumbai, Nov 23 (IBNS): In support of Government's demonetisation scheme and to offer ease and convenience to its merchants and customers, Axis Bank on Wednesday waived Merchant Discount Rate (MDR) transaction fees on debit card usage.