The Reserve Bank of India has cancelled the Certificate of Authorisation (CoA) of Vodafone m-pesa. This cancellation is done after its voluntary surrender of authorisation. Now Vodafone m-Pesa cannot continue to transact the business of issuance & will no longer have the right to provide payment facility as a prepaid instrument (PPI). Vodafone Idea in 2019 has decided to close m-pesa vertical after the closure of Aditya Birla Idea Payments Bank Limited (ABIPBL), with which it was being merged.
Important takeaways for all competitive exams:
On the 10th April, 2026 Sunil Bajpai has assumed the charge of the Principal Chief…
India's retail inflation edged up to 3.4% in the Month of the March 2026 which…
Nitish Kumar Chief Minister of Bihar have resigned from the post on the 14th April…
For the global recognition in the Cricket Mitchell Starc and Deepti Sharma have been named…
Australia has appointed the Susan Coyle as the first-ever female Army Chief. This announcement was…
India's Sawan Barwal has broken the country's longest standing marathon national record and ended the…