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 12th-century Jagannath Temple in Puri, the Shree Jagannath Temple Administration (SJTA) has attained trademark…
India has had an abundance of legendary players in weight lifting like Mirabai Chanu, Karnam…
The Mahatma Jyotirao Phule Jan Arogya Yojana (MJPJAY) is a premium health insurance initiative started…
As work are underway for the 2027 Haridwar Kumbh Mela, the Uttarakhand Forest Department has…
The Majhi Kanya Bhagyashree Scheme is a important government initiative run by the Maharashtra Government…
Bhargavastra is a homegrown anti-swarm drone system that has been engineered to neutralize enemy drones…