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juspay: Juspay gets in-principle RBI nod to become a payment aggregator

Softbank-backed Juspay is set to become a payment aggregator (PA), entering the same league as that of Razorpay and PayU.The company recently received an in-principle approval from the Reserve Bank of India to build this business.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIIM KozhikodeIIMK Senior Management ProgrammeVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitJuspay has been

Phase 2 Gains Momentum as PMC Gives In-Principle Approval, Details Inside

Last Updated: May 18, 2023, 18:44 ISTPune Metro (Photo: Wikipedia)The estimated cost for Pune Metro's second phase is approximately Rs 12,500 crore. The second phase of Pune Metro will encompass multiple routesThe work on the first phase of the Pune Metro is moving at a rapid pace. In the meantime, Maharashtra Metro Rail Corporation Limited (Maha Metro) has started planning the second phase.Recent reports suggest that Pune Municipal Corporation (PMC) has given its approval in principle to Pune Metro’s second phase. Pune’s…

RBI grants in-principle approval for payment aggregator licence to EnKash

Fintech startup EnKash has got in-principle approval from RBI for payment aggregator's licence, the company said.The licence will enable EnKash to broaden its product offerings to millions of businesses for digital transactions.Founded in 2018, EnKash claims to have assisted 1 lakh businesses to digitise and decentralise their corporate payments."RBI's in-principle approval to EnKash reiterates the need for digital solutions to manage business cash flows in an efficient way to sustain growth and profitability. This will…