RBI Approves QuickPay’s PA License, Grants Final Authorization to Getepay, and Clears CIHL Stake Sale. Banking & Finance | Dated: 25 May 2025 In May 2025, the Reserve Bank of India (RBI) issued important approvals influencing India’s digital payment and financial services sectors. 🎯 Key Highlights: - QuickPay, a fintech platform operated by New Delhi-based Quicktouch Technologies Limited, obtained in-principle approval from the RBI for a Payment Aggregator (PA) license under the Payment and Settlement Systems Act, 2007. - Getepay, a digital payments and commerce solutions firm headquartered in Jaipur, Rajasthan, secured final authorization from the RBI to function as an online PA under the regulatory framework set by the RBI. 💡 Other Important Facts: Additionally, New Delhi-based Capital India Finance Limited (CIFL) received RBI’s clearance for the sale and change of control of its key subsidiary, Capital India Home Loans Limited (CIHL). 📚 Test Your Knowledge: Which fintech platform received in-principle approval from RBI for a Payment Aggregator (PA) license in May 2025? Correct Answer: QuickPay 🚀 Quick Recap: About Capital India Finance Limited (CIFL) CEO : Pinank Jayant Shah Headquarters : Mumbai