Under which section of the Payment and Settlement Systems Act, 2007, h – InterviewSolution

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1.	Under which section of the Payment and Settlement Systems Act, 2007, has the Reserve Bank of India revoked the Certificate of Authorisation (CoA) of the Chennai-based GI Technology Private Limited over governance concerns in the company?
Answer» The Reserve Bank of India, in the exercise of the powers conferred on it under Section 8 of the Payment and Settlement Systems Act, 2007, has revoked the Certificate of Authorisation (CoA) of the Chennai-based GI Technology Private Limited over governance concerns in the company.

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