BRIEF-State Bank of India waives MDR on Master and Visa debit cards

* SBI waives MDR on Master and Visa debit cards

Source text: [In order to facilitate usage of digital channels,

SBI has already waived the

MDR on the RuPay Debit Cards. With a view to encourage the usage

further,

Smt Arundhati Bhattacharya, Chairman, State Bank of India, today

announced

that SBI will waive MDR on Master and Visa Debit Cards also,

with immediate

effect upto 31st Dec, 2016]

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