Current Affairs · Banking & Authorisations
In August 2025, Aditya Birla Capital Digital Limited (ABCDL) secured a key financial service permission from the RBI. Consider the following statements: 1. RBI granted in-principle authorisation to ABCDL to operate as an online payment aggregator under the Payment and Settlement Systems Act, 2007. 2. Payment Aggregators (PAs) enable e-commerce companies and merchants to accept payments from customers without requiring them to create their own payment infrastructure. 3. This authorisation makes ABCDL the first Indian company to enter the payment aggregator business. Which of the statements given above is/are incorrect?
- 1Both 1 and 2
- 2Only 2
- 3Both 2 and 3
- 4Only 3✓
Correct answer
Only 3
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