In January last year, the RBI had returned the IPO-bound fintech firm's application to operate as a PA due to its complex corporate structure, and barred it from onboarding new merchants
After a wait of nearly 15 months, the Reserve Bank of India (RBI) has given its in-principle nod to Prosus-backed fintech firm PayU to operate as a Payment Aggregator (PA) and restart onboarding new …
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