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TIMELY REGULATIONS CONCERNING PAYMENT AGGREGATORS

Relevance: GS 3 –  Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.  Why in the News? The Reserve Bank of India (RBI) has initiated consultations on regulating payment aggregators conducting face-to-face transactions. Feedback and comments on these consultation papers are invited by the RBI until May 31. About the …

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