India regulator asks One 97 Communications unit to reapply for payment aggregator licence

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd unit that owns the popular Paytm brand, asking it to reapply with 120 days after meeting certain conditions.

Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

unit that owns the popular Paytm brand, asking it to reapply with 120 days after meeting certain conditions. Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

yes i but in person

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India considers selling stakes in its mammoth coal, zinc minersThe government is looking to sell 5%-10% in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via the so-called offer-for-sale mechanism.
Source: mining - 🏆 449. / 53 Read more »

Thanksgiving eve violence leaves one dead, one critical in NYC: copsAt least three people were shot – one fatally – and three others stabbed as violence erupted across the city late Wednesday and early into Thanksgiving, cops said. New York has a brand Hey GovKathyHochul A vote for you was a vote for this Congratulations bruja Again, NYC. when will the voters wake up!!!
Source: nypost - 🏆 91. / 67 Read more »

One Day—and One Night—in Anthony Bourdain’s KitchenIn a single day at Les Halles, in New York City, Anthony Bourdain once nourished himself with three double espressos, two beers, three cranberry juices, eight aspirins, a hunk of merguez sausage, and an “Industrial”—a beer stein filled with a Margarita. now that's living. Good for him! too much aspirin, bad for the liver!
Source: NewYorker - 🏆 90. / 67 Read more »

Intensive grassland management disrupts below-ground multi-trophic resource transfer in response to drought - Nature CommunicationsLand use intensification could make soil food webs less able to recover from drought. Here, the authors find that intensive grassland management impairs recent photosynthate flux to roots and soil biota after drought, whereas extensive grassland management buffers the legacy of drought.
Source: physorg_com - 🏆 388. / 55 Read more »

Communications Wire Theft Shuts Down Immigration Computer System at Mexico City AirportCommunication wire theft in Mexico City led to a large-scale computer crash affecting the airport offices of Mexico’s National Migration Institute (INM) Wednesday. International travelers were delayed for hours. Lol 😂 is this fake news? Seriously, are you saying Mexico is worried about immigration? Lmao what am I missing? Where is the 🐝 lol babylonbee
Source: BreitbartNews - 🏆 610. / 51 Read more »

US bans sales of communications equipment from Chinese companies Huawei and ZTEThe FCC is citing an “unacceptable risk” to national security.
Source: ladailynews - 🏆 332. / 59 Read more »