RBI imposes Rs 1 cr fine each on Mobikwik and Spice Money :

The central bank explained that it has observed that One Mobikwik Systems Private Limited and Spice Money Limited had not complied with the direction issued by RBI on the net-worth requirement for Bharat Bill Payment Operating Units (BBPOUs).

Related Keywords

India , , Psos One Mobikwik Systems Private , Central Bank Digital Currency , Spice Money , Mobikwik Systems Private , Reserve Bank , One Mobikwik Systems Private Limited , Spice Money Limited , One Mobikwik , Settlement Systems Act , Bharat Bill Payment Operating Units , Central Bank Digital , Reserve Bank Of India , Mobikwik , Bi Fines Mobikwik , Bi Fines Spices Money , Obikwik Fined , Pice Money Fined , Bi News ,