Tech
Paytm Payments Services Gets RBI’s Payment Aggregator Licence
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SUMMARY
In a filing with the exchanges, the fintech giant said that the central bank granted the certification of authorisation to its subsidiary on November 26
This comes three months after PPSL received an in-principle authorisation from the RBI to operate as a PA in August this year
This comes weeks after Paytm’s board approved a plan to invest up to INR 2,250 Cr via a right issue in PPSL to support its working requirements and bolster its net worth
Fintech major Paytm’s…
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