A source-linked record of 2 RBI actions, their timing, severity, and recurring regulatory themes.
2 actions across 1 years.
2019
2 actions
Source-linked record
2 linked actions
RBI cancelled the Certificate of Authorisation of the named Payment System Operator.
The Payment System Operator can no longer operate under the cancelled authorisation. This affects the company directly and may disrupt any payment-system services it was providing, pending any separate legal or regulatory remedy.
RBI cancelled the Certificate of Authorisation of a Payment System Operator named in the release. This is a licence-level action that prevents the entity from operating under that authorisation.
The Payment System Operator can no longer operate under the cancelled CoA. This affects the entity’s ability to provide payment system services and may disrupt counterparties and customers relying on its authorisation.