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IRCTC to approach RBI for payment aggregator license

Shortpedia
Content Team
Image Credit: english.jagran

IRCTC is set to enter the payment aggregator space and the body now plans to approach RBI for an aggregator license. According to the BusinessLine report, IRCTC, which is a railway public sector undertaking, has lately got approval from the Registrar of Companies, NCT Delhi and Haryana and further being asked to change the ‘main objects clause’ in its memorandum of association with a new clause in order to perform as a payment aggregator.


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