RBI issues new guidelines for Payment Agators: Minimum Net Value, Borderlowing Rules announced

The Reserve Bank issued directions on Monday to regulate payment agents, which came into effect immediately. According to the Reserve Bank of India (Regulation of the Presentation of Payment Agators, 2025, payment agents are divided into three categories according to the work they undertake. Specific capital requirements have been set. PA CBs and also on management, in which the promoters will have to meet the ‘suitable and proper’ criteria, it reads.