The Reserve Bank of India has provided the Renewal of Authorization to Vakrangee Ltd, said the company on Monday. The central bank has extended the validity of authorization issued to Vakrangee to setup, own and operate White Label ATMs in India. The company currently operates 6,283 White Label ATMs and 77 per cent of these are in Tier 4 and …
Highlights RBI imposed monetary penalty of Rs 1,76,00,000 on Vakrangee Ltd for non-compliance The regulator has imposed a Rs 30 lakh penalty on The Jammu and Kashmir State Co-operative Bank Ltd A fine of Rs 6 lakh on Mumbai-based The Pratap Co-operative Ltd The Reserve Bank on Monday said it has imposed penalties on various financial entities, including Rs 1.76 …
Vakrangee Digital Ventures Limited has tied up with Upstox, a platform of RKSV Securities India Pvt Ltd, to offer online trading account opening services through its BharatEasy mobile app. Vakrangee Digital is the 100 per cent subsidiary company of Vakrangee Limited, a technology company based in Mumbai that provides banking, insurance, e-governance, e-commerce, and logistics services. With this, BharatEasy app …