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Indel Remit Wins Perpetual AD-II Licence from RBI

12 August 20261 min read
BANKING & FINANCEIndel Remit WinsPerpetual AD-IILicence from RBI12 August 2026safalsetu.com

Why in the news

The RBI granted a permanent AD-II authorisation to Indel Remit, a step that broadens what the firm can offer in forex.

Key facts

  • Company: Indel Remit, part of Indel Money and focused on forex.
  • Licence: perpetual Authorised Dealer-II (AD-II).
  • Issued by: Reserve Bank of India.
  • Scope: foreign exchange and trade-remittance services.
  • Beneficiaries: MSMEs, traders and business executives.

Exam angle

  • Licence type: AD-II, and it is perpetual.
  • Regulator granting it: RBI.
  • Parent: Indel Money.

Test yourself

1. Which licence did Indel Remit receive on a perpetual basis from the RBI?

Indel Remit got a perpetual AD-II licence.

2. Indel Remit is the foreign exchange arm of which company?

Notes describe it as the forex arm of Indel Money.

3. Which authority issued the AD-II licence to Indel Remit?

The licence came from the Reserve Bank of India.

This topic is part of Daily Current Affairs 11 & 12 August 2026 (36 topics).

All topics of the dayDay quizAugust 2026

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