AvenuesAI gets RBI in-principle approval for prepaid payment instruments
CCAVENUE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Reserve Bank of India granted AvenuesAI Limited, also named Infibeam Avenues Limited, in-principle approval on October 27, 2025 to issue prepaid payment instruments. Final licensing is conditional on submitting the required audit report within the initial approval period.
Positive: supports entry into regulated prepaid payments, but final approval is pending and financial impact is not disclosed.