Answer-What type of license has the Reserve Bank of India (RBI) granted to Tata Payments?

The Reserve Bank of India RBI has granted a payment aggregator PA licence to Tata Payments, Tata groups digital payments app. This will help the firm facilitate ecommerce transactions through its platform. Tata Payments is held through Tata Digital, the groups subsidiary entity, which houses its digital businesses. Tata Pay joins the likes of Razorpay, Cashfree, Google Pay, among others to secure the much-awaited payments licence.