Bajaj Finance is all set to join the likes of Paytm and Amazon in the prepaid payment segment with the Reserve Bank of India (RBI) approving the non-bank lender’s foray with perpetual validity. The move is part of Bajaj Finance’s broader strategy to expand its digital offerings. RBI has granted authorization to the Company for issuance and operation of semi-closed Prepaid Payment Instruments with perpetual validity.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
About the Prepaid payment instrument:
Important takeaways for all competitive exams:
The Union Ministry of Jal Shakti is taking big steps under Jal Jeevan Mission (JJM)…
The Ministry of Housing & Urban Affairs (MoHUA) hosted the AMRUT Mitra Mahotsav 2026 at…
The Union Minister of Food Processing Industries, Chirag Paswan, inaugurated a modern Common Incubation Centre…
Yoga has become one of the most recognised wellness practices across the world. It promotes…
Global credit rating agency Fitch Ratings has increased India’s GDP growth forecast for the financial…
A special celebration called Purple Fest was organised at Rashtrapati Bhavan on March 13, 2026…