Aditya Birla Capital Limited has informed the Exchange regarding 'about RBI in-principle authorization to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007 to Aditya Birla Capital Digital Limited, a Subsidiary of the Company'.
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Aditya Birla Capital Limited announced that the Reserve Bank of India (RBI) has granted 'In-Principle' authorization to its wholly-owned subsidiary, Aditya Birla Capital Digital Limited, to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007. The RBI letter is dated 20 August 2025 and was received by the company on 26 August 2025. This is an initial approval, meaning the subsidiary can now move forward in the process of setting up payment aggregation services. The final authorization will likely follow after meeting further operational and compliance requirements.
This is a positive development for Aditya Birla Capital as it expands the digital and fintech capabilities of its subsidiary, potentially enabling new revenue streams in the digital payments space. It strengthens the group's digital ecosystem but does not have an immediate material impact on the parent company's financials until full operations begin.