Notification regarding Requirement for obtaining prior approval in case of takeover /acquisition of control of non-bank PSOs and sale / transfer of payment system activity of non-bank PSO  (dated – 04.07.2022)-RBI.

  • 05th, July 2022
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Notification regarding Requirement for obtaining prior approval in case of takeover /acquisition of control of non-bank PSOs and sale / transfer of payment system activity of non-bank PSO  (dated – 04.07.2022)-RBI.

  • This directive is issued under Section 10 (2) read with Section 18 of Payment and Settlement Systems Act, 2007 (Act 51 of 2007) and shall come into effect immediately, refer attachment for further details.
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