Question

    Which company has received RBI approval to acquire Tata

    Communications Payment Solutions Ltd (TCPSL)?
    A Visa Correct Answer Incorrect Answer
    B Mastercard Correct Answer Incorrect Answer
    C Findi Correct Answer Incorrect Answer
    D PayPal Correct Answer Incorrect Answer
    E Stripe Correct Answer Incorrect Answer

    Solution

    The RBI approved the sale of Tata Communications’ payment arm, TCPSL, to Findi, an Australian fintech firm. The deal, announced in November 2024, is valued at ₹330 crore, with an additional ₹75 crore based on interchange rate adjustments.

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