Tag: RBI
Startups
Zomato Exits Payment Ambitions: Surrenders RBI License and Writes Down Investment
Food delivery giant Zomato has opted to exit the payments space after a brief foray. In a recent regulatory filing, the company announced that its subsidiary, Zomato Payments Private Limited… Continue reading Zomato Exits Payment Ambitions: Surrenders RBI License and Writes Down Investment
May 14, 2024
Business
Cred Receives In-Principle Approval from RBI to Become Payment Aggregator
Cred, a leading financial technology company headquartered in Bengaluru, has received preliminary approval from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA). This move signifies… Continue reading Cred Receives In-Principle Approval from RBI to Become Payment Aggregator
April 22, 2024
