EbixCash becomes first non-bank entity to get RBI nod for trade remittances

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EbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handle trade and family remittances, previously a bank-dominated segment. The expanded powers enable EbixCash to directly serve small and medium enterprises engaged in international trade.

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EbixCash becomes first non-bank entity to get RBI nod for trade remittances

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