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Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply (Ira Dugal/Reuters)

Ira Dugal / Reuters:
Reserve Bank of India declines a payment aggregator license for Paytm parent One 97, asking it to comply with foreign direct investment guidelines and reapply — India’s banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd (PAYT.NS) …
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