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Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply (Ira Dugal/Reuters)




Ira Dugal / Reuters:

Reserve Bank of India denies payment aggregator license to Paytm parent company One 97, asks it to comply with foreign direct investment guidelines and re-register— The banking regulator of India has refused to grant a payment aggregation license to One 97 Communications Ltd (PAYT.NS)…

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