Payment rules: RBI issues final guidelines for aggregators, sets capital norms and cross-border limits

The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These guidelines classify aggregators into three categories and impose stringent capital requirements for non-bank entities, including a minimum net worth of Rs 25 crore by the third financial year. The framework also covers escrow accounts, fund management, and cross-border limits.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ThOrXPd
>

Comments

Post a Comment

please do not enter any spam link in the comment box.

Popular posts from this blog

Salman Khan reveals the three villains of Radhe-Your Most Wanted Bhai; says they made the film look stronger and bigger

Image
Salman Khan’s upcoming release Radhe-Your Most Wanted Bhai is one of the most anticipated films of the year. Despite the current pandemic situation, Salman Khan has found a way for the film to reach the people. With a hybrid release the film will be available simultaneously in the theatres and on the digital platform ZEE5. Ahead of the release of the film, Salman Khan sat down for a candid chat with a group of journalists from Mumbai. When the trailer of Radhe was released several people couldn't help but be reminded of Salman Khan’s hit film Wanted . The film like Radhe-Your Most Wanted Bhai was also directed by Prabhu Dheva. Moreover, Salman’s last few films have been in the action genre. When asked what makes Radhe different, he said, “The plot is that he makes a commitment to this child whose friend dies and goes and cleans the city out. This is what Radhe is about and in that we have comedy and we have three villains- Sang Hae from Bhutan, Gautam Gulati who was in Bigg ...
Read more

Dia Mirza admits Rehnaa Hai Terre Dil Mein had sexism in it

Image
Bollywood actor Dia Mirzam, who is a model-turned-actor, made her debut in the films with the 2001 film Rehnaa Hai Terre Dil Mein starring alongside R Madhavan and Saif Ali Khan. She witnessed major ups and downs in her career. In her latest interview, she opened up about her early days in the film industry, rampant sexism, and how things have changed over the years. Speaking to Brut India, Dia Mirza said, “People were writing, thinking and making sexist cinema, and I was a part of these stories. Rehnaa Hai Terre Dil Mein has sexism in it.” She further said how in those days, you wouldn't find too many women crew members or that a makeup artist has to be a man whereas a hairdresser will be a female. She said, “When I started working in films, there were at best only 4 or 5 women on any given film crew with a unit strength of over 120, sometimes 180 people. There would just never be any female representation on a film crew, so the gender ratio was skewed. Nobody really cared ab...
Read more

Sara Ali Khan makes a fiery appearance in a sequin red lehenga for a jewellery brand shoot

Image
Sara Ali Khan made a fiery red-hot appearance in a sequin and heavily embellished blood red lehenga. She was posing for a promotional campaign and styled by Tanya Ghanvri. Sara looked all things beautiful. Sara was seen dressed in a beautiful sweetheart cut neckline, sleeveless sequin red blouse with a poofed-up heavily embellished lehenga and a netted dupatta with light work. Her makeup was soft and shimmery with heavy brown kohl that defined her eyes and hair in a ponytail and matte pink lips. She accessorised her look with heavy diamond jewellery that featured a diamond choker, delicate hoop earrings and a ring.   View this post on Instagram   A post shared by Sara Ali Khan (@saraalikhan95) On the work front- she was last seen in Coolie No.1 opposite Varun Dhawan, directed by David Dhawan and was premiered on OTT platform Amazon Prime. She recently completed the shooting of her film Atrangi Re opposite Akshay Kumar, South Star...
Read more