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SUMMARY
This comes a year after Paytm said that its payments arm would re-apply for a PA licence
Paytm Payments Services Limited received in-principle authorisation approval from the RBI
Shares of the fintech major closed 0.2% lower at INR 1.119.95 on the BSE today
The Reserve Bank of India (RBI) has granted in-principle authorisation to fintech major Paytm’s subsidiary, Paytm
Payments Services Limited (PPSL), to operate as a payment aggregator (PA).
“We would like to…
