Announced Thu, 13 Aug, 2026 · 18:13 IST
RBI grants Perpetual AD-II License to Prithvi Exchange
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹104.00
prior close
₹104.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-1.0-7.0-6.7-5.2-5.8-5.8-0.5+1.7——
Up moveDown movePending
AI summary
Prithvi Exchange received a Perpetual License under Authorised Dealer Category-II from the RBI on August 13, 2026. This authorises the company to process trade remittances, family maintenance remittances, and other permissible outward remittances. The perpetual nature of the license strengthens the company's regulatory standing and broadens its foreign exchange service offerings to customers.
Likely market impact
Expands permitted forex activities, strengthens regulatory standing, and may drive higher revenue from remittance and trade-related forex services.