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Capital India Finance Limited's Authorised Dealer Category-II Licence Renewed by RBI Until Jan 2028
Capital India Finance Limited
January 9, 2026, 03:58 PM
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Capital India Finance Limited (CIFL) has announced the renewal of its Authorised Dealer Category-II Licence by the Reserve Bank of India (RBI). The licence, bearing number NDL-ADII-0044-2023 and dated January 05, 2026, was renewed by the RBI via a letter dated January 06, 2026, which CIFL received on January 09, 2026.
This renewed licence is crucial for CIFL's Remitx vertical, enabling it to buy and sell foreign exchange for both retail and corporate travellers across all licensed locations in India. The company anticipates that this will significantly enhance the revenue of its fee-based Remitx business.
The licence is valid until January 31, 2028. The announcement was made in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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