RBI Approvals: RNFI Services, PB Pay & ICICI Prudential AMC Receive Regulatory Nod

Exam-focused facts from the 10 September 2026 current affairs briefing.

Key facts

RNFI Services has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator – Physical (PA-P) under the Payment and Settlement Systems Act, 2007.
The authorisation allows RNFI to offer physical, offline and in-store payment aggregation services through its existing distribution and field network, subject to RBI conditions, with final authorisation to follow once applicable requirements are fulfilled.
RNFI operates other regulated financial services including an RBI-authorised AD Category-II licence for global money movement, AMFI-registered mutual fund distribution, IRDAI-registered insurance broking and an RBI-authorised PPI business.