Bajaj Finance Gets Go-Ahead For A Digital Wallet

Bajaj Finance Ltd. has got the go-ahead from the Reserve Bank of India to launch a digital wallet. “The Reserve Bank of India vide its letter dated May 4, 2021, has granted an authorisation to the company for issuance and operation of semi-closed prepaid payment instruments (PPI) with perpetual validity,” the non-bank lender informed the stock exchanges on Wednesday.
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