RBI Approves QuickPay’s PA License, Grants Final Authorization to Getepay, and Clears CIHL Stake Sale.

Banking & Finance

In May 2025, the Reserve Bank of India (RBI) issued important approvals influencing India’s digital payment and financial services sectors.


      - QuickPay, a fintech platform operated by New Delhi-based Quicktouch Technologies Limited, obtained in-principle approval from the RBI for a Payment Aggregator (PA) license under the Payment and Settlement Systems Act, 2007.

      - Getepay, a digital payments and commerce solutions firm headquartered in Jaipur, Rajasthan, secured final authorization from the RBI to function as an online PA under the regulatory framework set by the RBI.

     

Main Point :-   Additionally, New Delhi-based Capital India Finance Limited (CIFL) received RBI’s clearance for the sale and change of control of its key subsidiary, Capital India Home Loans Limited (CIHL).

     


About Capital India Finance Limited (CIFL)

CEO : Pinank Jayant Shah
Headquarters : Mumbai
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