Which financial institution has imposed fines on prepaid payment instr – InterviewSolution

InterviewSolution

1.	Which financial institution has imposed fines on prepaid payment instrument issuers for violating norms?
Answer» The Reserve Bank of India on May 3, 2019 announced that it has imposed penalties on five prepaid payment instrument (PPI) issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms.

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