Reserve Bank of India (RBI) grants Payment Aggregator (PA) licences to In-Solutions Global Ltd (ISG)

Exam-focused facts from the 18 February 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) has granted final authorisations to In-Solutions Global Ltd (ISG) to operate as a Payment Aggregator (PA).
The authorisations cover three specific categories: Online (PA-O), Physical/Offline (PA-P), and Cross-Border (PA-CB).
The combined licences will enable ISG to provide a unified onboarding and settlement environment for online transactions, in-person payments, and cross-border flows.
The company also holds an International Financial Services Centres Authority (IFSCA) licence and international regulatory permissions to activate global payment corridors.