{"id":903938,"date":"2025-02-08T08:51:06","date_gmt":"2025-02-08T03:21:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=903938"},"modified":"2025-02-08T09:03:18","modified_gmt":"2025-02-08T03:33:18","slug":"phonepe-to-wind-down-account-aggregator-business-surrender-nbfc-aa-licence","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/08\/phonepe-to-wind-down-account-aggregator-business-surrender-nbfc-aa-licence\/","title":{"rendered":"PhonePe to wind down account aggregator business, surrender NBFC-AA licence"},"content":{"rendered":"<p>Walmart-owned PhonePe on Friday announced it was exiting from account aggregator (AA) business and surrendering NBFC-AA licence to the Reserve Bank of India (RBI) &#8212; about two years after securing it. <\/p>\n<p>Account aggregators are non-banking financial companies (NBFCs) that deliver a user\u2019s financial data from financial information providers (FIPs) to financial information users (FIUs).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart-owned PhonePe on Friday announced it was exiting from account aggregator (AA) business and surrendering NBFC-AA licence to the Reserve Bank of India (RBI) &#8212; about two years after securing it. Account aggregators are non-banking financial companies (NBFCs) that deliver a user\u2019s financial data from financial information providers (FIPs) to financial information users (FIUs).<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-903938","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=903938"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/903938\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=903938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=903938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=903938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}