EbixCash World Money gets perpetual RBI AD-II licence for trade, family remittances
EbixCash World Money says its perpetual RBI AD-II licence enables trade remittances of up to Rs 25 lakh and permissible family-maintenance transfers, widening non-bank cross-border payment access for MSMEs and households.
EbixCash World Money says it became India’s first AD-II entity with a perpetual RBI licence and authority for trade remittances up to Rs. 25 lakh and family-maintenance remittances, opening a non-bank cross-border payments channel for MSMEs and households.
Why this matters
No related recent signals were provided, making the perpetual RBI AD-II licence a newly tracked regulatory development for EbixCash World Money.
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