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What entities are now under the direct regulation of the Reserve Bank of India (RBI) as per the Regulation of Payment Aggregator – Cross Border (PA-CB)?a)Only Indian banks that facilitate cross-border payment transactions.b)All financial institutions operating in India.c)Entities including Authorised Dealer (AD) banks, Payment Aggregators (PAs), and PAs-CB that facilitate cross-border payment transactions.d)Only foreign banks that operate in India.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What entities are now under the direct regulation of the Reserve Bank of India (RBI) as per the Regulation of Payment Aggregator – Cross Border (PA-CB)?a)Only Indian banks that facilitate cross-border payment transactions.b)All financial institutions operating in India.c)Entities including Authorised Dealer (AD) banks, Payment Aggregators (PAs), and PAs-CB that facilitate cross-border payment transactions.d)Only foreign banks that operate in India.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What entities are now under the direct regulation of the Reserve Bank of India (RBI) as per the Regulation of Payment Aggregator – Cross Border (PA-CB)?a)Only Indian banks that facilitate cross-border payment transactions.b)All financial institutions operating in India.c)Entities including Authorised Dealer (AD) banks, Payment Aggregators (PAs), and PAs-CB that facilitate cross-border payment transactions.d)Only foreign banks that operate in India.Correct answer is option 'C'. Can you explain this answer?.

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