PayU In­dia Re­ceives Li­cence from Re­serve Bank to Open NBFC

The Economic Times - - Front Page -

PayU In­dia has re­ceived a li­cence from the Re­serve Bank of In­dia to op­er­ate its own non­bank­ing fi­nan­cial com­pany, a move that will pro­vide a big boost to the Naspers-owned fin­tech ma­jor in grow­ing its con­sumer credit busi­ness.

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