alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home News E-wallet companies choke on new RBI norms

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Loan Against SecurityClick Here
 
 
E-wallet companies choke on new RBI norms

E-wallet companies choke on new RBI norms

Wednesday, March 22, 2017, 11:48 AM

The Reserve Bank of India's (RBI's) tough new guidelines for digital wallet companies has left the sector gasping. The Central bank, in guidelines issued late on March 20, has raised the minimum capital requirement for digital wallet providers by around five times to Rs 25 crore, mandated full compliance with Know-Your-Customers (KYC) norms, and introduced limitations on domestic remittances.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!