Comments
The Reserve Bank of India on Friday extended the time to make application for authorisation as a pan-India new umbrella entity for retail payments to March 31, 2021.
“Requests have been received from various stakeholders including Indian Banks’ Association for extending the timeline, keeping in view the Covid-19 related disruptions and inconveniences. It has been accordingly decided to extend the timeline for making the application up to March 31, 2021,” the RBI said.
The earlier due date was today (February 26).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.