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Wednesday, April 10, 2019

How GPay operating without authorisation: HC to RBI

A bench of Chief Justice Rajendra Menon and Justice A J Bhambhani posed the query to RBI while hearing a PIL which claimed that GPay was acting as a payments system provider in violation of the Payments and Settlements Act as it has no valid authorisation from the central bank of the country to carry out such functions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2UuazjQ

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