Reserve Bank Of India Grants In-Principle Approval To PhonePe For Account Aggregator

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PhonePe Account Aggregator Pvt Ltd has now got in-principle approval from the Reserve Bank of India (RBI) to operate as an account aggregator. What is an Account Aggregator? Account aggregator is mainly responsible to offer services based on the explicit consent of individual clients including the transfer, but not storing of a client’s data. However,... The post Reserve Bank Of India Grants In-Principle Approval To PhonePe For Account Aggregator appeared first on Viral Bake.

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