RNFI Services Regulatory Approval
RNFI received RBI no-objection to acquire control of Smart Payment Solutions Private Limited. Remaining tranches may proceed, but no transaction value is disclosed.
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RNFI received RBI no-objection to acquire control of Smart Payment Solutions Private Limited. Remaining tranches may proceed, but no transaction value is disclosed.
RNFI's subsidiary RNFI Money received RBI approval converting its Authorised Dealer Category-II licence to perpetual validity and expanding scope to trade remittances, Nostro accounts, and Forex Correspondents. No quantifiable financial impact is stated.
RNFI Services Limited received in-principle authorization from the RBI to operate as a physical payment aggregator, strengthening its existing core payments distribution business.
RNFI Services' subsidiary received AMFI registration valid for three years starting May 2026. This milestone enables the company to expand its mutual fund distribution capabilities.