Which two online payment solutions are imposed by RBI for non complian – InterviewSolution

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1.	Which two online payment solutions are imposed by RBI for non compliance of regulatory guidelines?
Answer» The Reserve Bank of India has imposed a penalty on two online payment solutions providers Mobikwik Systems and Hip Bar for non compliance of regulatory guidelines. Mobikwik Systems Private Limited has been slapped a fine of Rs 15 lakh while Hip Bar Pvt Ltd faced a fine of Rs 10.85 lakh.

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