RbiSearchHeader

Press escape key to go back

Past Searches

Theme
Theme
Text Size
Text Size
S1

Press Releases Marquee

RBI Announcements
RBI Announcements

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

Asset Publisher

80913594

Reserve Bank of India imposes monetary penalty on five Prepaid Payment Instrument (PPI) Issuers

In exercise of powers vested under Section 30 of the Payment and Settlement Systems Act, 2007, the Reserve Bank of India has imposed monetary penalty on the following five PPI Issuers for non-compliance of regulatory guidelines.

Sr. No. Name of the PPI Issuer Speaking Order dated Amount of Penalty
(in ₹ lakh)
1. My Mobile Payments Limited 22-10-2018 100
2. Phonepe Private Limited 14-02-2019 100
3. Y-Cash Software Solutions Private Limited 22-02-2019 5
4. Vodafone m-pesa Limited 06-03-2019 305
5. GI Technology Private Limited 26-03-2019 100

Shailaja Singh
Deputy General Manager

Press Release : 2018-2019/2593

RbiTtsCommonUtility

प्ले हो रहा है
వినండి

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

భారతీయ రిజర్వ్ బ్యాంక్ మొబైల్ అప్లికేషన్‌ను ఇన్‌స్టాల్ చేయండి మరియు తాజా వార్తలకు త్వరిత యాక్సెస్ పొందండి!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

ఈ పేజీ ఉపయోగకరంగా ఉందా?