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Ola Electric seeks to raise $662 million in India IPO

India's Ola Electric seeks to raise $661.8 million by selling new shares in an initial public offering, the six-year-old Bengaluru-headquartered startup Ola Electric seeks to raise $661.8 million in an initial public offering, the first by a two-wheeler maker in India in 15 years. ....

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India's Central Bank Grants 'In-Principle' License to 50 Payment Aggregators: Key Details - India Briefing News RBI Grants In-Principle Approval to 50 Payment Aggregators

RBI recently granted license to over 50 payment aggregators to act as online payment aggregators. We provide a list of all the entities whose applications have been approved, are in process, or have been returned. ....

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RBI levies penalty of ~Rs1.70 crore on Ola Financial Services for breach of KYC & other norms

Ola Financial Services Private Limited, a subsidiary of the ride-hailing app ‘Ola’, provides financial services such as two-wheeler and four-wheeler lending, personal loans, and insurance products. ....

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RBI Imposes Penalty Of INR 1.67 Cr On Ola Financial Services

RBI has slapped a penalty of INR 1.67 Cr on Ola Financial Services for non-compliance with directions for PPIs and KYC norms. ....

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RBI imposes Rs 1.67 crore penalty on Ola Financial Services

Ola Financial Services Private Limited, a subsidiary of ride-hailing app Ola, offers financial services such as lending for two-wheelers, four-wheelers, personal loans and insurance products. ....

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