The Reserve Bank of India (RBI) recently released its guidelines for payment aggregators and gateways almost six months after it had first proposed several possible approaches to regulate payment intermediaries. Though several industry players have welcomed this long-awaited move as a step in the right direction, a closer look at the guidelines raises several unsettling questions.
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Probir specializes in Corporate Commercial, Venture/Private Equity and Information Technology/FinTech. He has been involved in corporate transactions focused on the high technology industry including cross border Mergers & Acquisitions.