IRCTC Subsidiary Gets RBI Nod for Payment Aggregator Operations

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Payments Limited, a wholly owned subsidiary of IRCTC, has received in-principle approval from the RBI to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007. The authorization was granted on August 4, 2025, and received on August 5, 2025. This move marks IRCTC’s entry into the digital payments ecosystem, expanding its fintech ambitions.