Reserve Bank of India Approves RNFI Money for Cross-Border Trade Remittances

Exam-focused facts from the 25 September 2026 current affairs briefing.

Key facts

RNFI Money Pvt Ltd, a wholly owned subsidiary of RNFI Services Ltd, received Reserve Bank of India (RBI) approval to undertake cross-border trade remittances.
The approval allows RNFI Money to offer regulated foreign exchange, remittance and trade-payment services through RNFI's last-mile network across India, with the licence carrying perpetual validity.
RNFI Services Ltd recently received in-principle authorisation from the RBI to operate as a Payment Aggregator - Physical (PA-P).