Regulatory24 Jul 2026, 08:00 pm
AvenuesAI gets RBI nod for Prepaid Payment Instruments
AI Summary
AvenuesAI Limited (GoWallet) has received authorization from the Reserve Bank of India (RBI) to establish and operate a payment system for Prepaid Payment Instruments (PPIs) under the Payment and Settlement Systems Act, 2007. This approval allows the company to issue and manage PPIs in India. The details of this authorization are in line with SEBI Listing Regulations and a relevant SEBI Master Circular. The company has made these details available on its website.
Key Highlights
- AvenuesAI authorized by RBI to issue and operate Prepaid Payment Instruments.
- Authorization granted under the Payment and Settlement Systems Act, 2007.
- This enables the company to expand its payment system offerings.
- Details are compliant with SEBI Listing Regulations and Master Circular.
Price Impact
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