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RBI#39;s MDR rationalisation to hurt merchant acquiring banks: Analysts

by www.moneycontrol.com
"Volume is unlikely to make up for the shortfall in reduction of fees in the short-term and hence, the near-term impact would be marginally negative for a few players like Axis, HDFC, ICICI and SBI," analysts at domestic brokerage Kotak Securities said in a note.
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