HomeBusinessRBI requests a new application for Paytm Payments' payment aggregator license.

RBI requests a new application for Paytm Payments’ payment aggregator license.

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By lapaasindia
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  • Paytm Payments Services Limited’s application for a licence to operate as a payment aggregator has been rejected by the Reserve Bank of India (RBI), the business announced on Saturday.
  • It must resubmit its application within 120 calendar days, according to RBI.
  • No other “material observations” were made by the RBI, the company claimed.

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