Capital India Finance Limited has informed the Exchange about Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
CIFL · price
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Capital India Finance Limited has received a renewed Authorised Dealer Category-II Licence from the Reserve Bank of India, valid until January 31, 2028. The licence was issued via RBI letter dated January 06, 2026, and received by the company on January 09, 2026. It enables the company's Remitx vertical to buy and sell foreign exchange for retail and corporate travellers across all licensed locations in India. The Remitx business operates on a fee-based income model, so the renewal is expected to support and enhance the company's revenue.
This is a positive routine regulatory development. The licence renewal allows Capital India's forex (Remitx) business to continue operating without disruption, supporting its fee-based income stream through January 2028.