What is GIFT NIFTY that commenced operations as a subsidiary NSE and Singapore stock exchange?
22 October 2024
Razorpay, a payments and banking platform for businesses, has received approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) License. This move solidifies Razorpay's position as a comprehensive financial platform in the country and reaffirms the trust of over 8 million businesses in the platform to drive and support their business growth. Companies that receive authorization to operate as payment aggregators in India fall under the purview of the RBI. It is mandatory for a non-bank platform to obtain a license from the central bank.
Razorpay, a payments and banking platform for businesses, has received approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) License. This move solidifies Razorpay's position as a comprehensive financial platform in the country and reaffirms the trust of over 8 million businesses in the platform to drive and support their business growth. Companies that receive authorization to operate as payment aggregators in India fall under the purview of the RBI. It is mandatory for a non-bank platform to obtain a license from the central bank.
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