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

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

A file photo of the interface of Indian payments app Paytm is seen in front of its logo. | Photo Credit: Reuters 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. […]

Continue Reading