Search For "rbi approval"
Transcorp International Limited Receives RBI's In-Principle Approval for C
Updated : 2 months, 1 week ago IST
Jaipur (Rajasthan) [India], February 7: Transcorp International Limited has received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), marking a significant development in its banking services infrastructure. The CPS authorisat
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RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 4 months, 1 week ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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PayG Secures RBI Approval for Offline and Cross-Border Payment Aggregation
Updated : 4 months, 1 week ago IST
Hyderabad (Telangana) [India], January 10: PayG, a leading homegrown payment gateway, is proud to announce that it has received approval from the Reserve Bank of India (RBI) to operate as an Offline and Cross-Border Payment Aggregator. With this approval, PayG has completed its full suite of
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HDFC Bank gets RBI nod to raise holding in IndusInd Bank up to 9.5%
Updated : 5 months, 1 week ago IST
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing.
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PayU Receives RBI Approval to Operate as Online, Offline and Cross-Border
Updated : 6 months ago IST
Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward
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Infibeam Avenues gets RBI nod to issue Prepaid Payment Instruments
Updated : 6 months, 3 weeks ago IST
Infibeam Avenues Ltd has received an 'In-Principle' authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), the company said in its media release. The approval allows the fintech firm to move closer to offering a new line of digital payment solutions u
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RBI approves reappointment of C S Rajan as Kotak Mahindra Bank's part-time
Updated : 6 months, 4 weeks ago IST
The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a contin
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Getepay Receives Final RBI Approval to Operate as Online Payment Aggregato
Updated : 1 year ago IST
Jaipur (Rajasthan) [India], May 22: In a landmark development, Getepay, a digital payments and merchant enablement platform, has received final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) online under the RBI's payment regulatory framework. This
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IndusInd bank shares up 2.6 pc, lender received RBI approval for AUM busin
Updated : 1 year, 9 months ago IST
The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
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RBL Bank appoints R Subramaniakumar as new MD
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 11 (ANI): Private sector lender RBL Bank on Saturday announced the appointment of veteran banker R Subramaniakumar as its new managing director and chief executive officer (CEO).
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sRide car-pooling app offers services without required approval: RBI
Updated : 4 years, 2 months ago IST
Mumbai (Maharashtra) [India], February 22 (ANI): The Reserve Bank of India (RBI) on Tuesday cautioned the public against sRide car-pooling app saying the tech firm offers semi-closed (non-closed) pre-paid instrument (wallet) services without authorisation from the central bank.
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LIC gets RBI approval to raise holding in IndusInd Bank to 9.99%
Updated : 4 years, 5 months ago IST
Mumbai (India), December 10 (ANI): The country's largest insurer Life Insurance Corporation of India (LIC) has got approval from the Reserve Bank of India (RBI) to raise its holding in private lender IndusInd Bank to 9.99 per cent from the existing 4.95 per cent.
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