Raise net worth requirement of PPI issuances to R25 crore: RBI
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Raise net worth requirement of PPI issuances to R25 crore: RBI

In a move that could significantly restrict the playing field in prepaid instruments (PPIs) or wallets space, the Reserve Bank of India (RBI) on Monday issued a draft circular proposing that the net worth requirement of issuing entities be raised to R25 cr

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