Case Brief
In this release, the Reserve Bank of India states that it has cancelled the Certificate of Authorisation (CoA) of the below-mentioned Payment System Operators (PSOs) under the Payment and Settlement Systems Act, 2007. The provided excerpt does not include the actual names of the PSOs or any entity-specific factual findings, but the action itself is a cancellation of operating authorisation.
Action Snapshot
- Primary Impact
- License cancellation
- Entity Type
- Payment entity
- Action Type
- License cancellation
- Order Date