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Transcorp International gets RBI approval to build payment systems, boosts profits and clears all debts.
Transcorp International Limited has received in-principle approval from India’s RBI to join Centralized Payment Systems, enabling it to build its own payment infrastructure with RTGS and NEFT capabilities, hold an RBI account, and obtain an IFSC code.
The approval enhances its digital payments platform and operational efficiency.
The company reported 49% quarterly profit growth and 67% year-over-year profit increase, driven by disciplined financial management and low debt.
It fully repaid all public fixed deposits, eliminating outstanding liabilities.
Its digital payments and PPI business achieved record transaction volumes through innovation and partnerships.
The company emphasized its commitment to regulated, scalable platforms with strong governance.
Transcorp Internacional obtiene la aprobación del RBI para construir sistemas de pago, aumenta las ganancias y elimina todas las deudas.