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Capital India Finance: RBI Renews Money Transfer Service Scheme (MTSS) License Until Jan 2028
Capital India Finance Limited
January 10, 2026, 12:54 PM
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Capital India Finance Limited (CIFL) has announced the renewal of its Money Transfer Service Scheme (MTSS) License by the Reserve Bank of India (RBI).
The renewal, effective from January 05, 2026, with license number NDL-MTSS-0004-2023, was communicated by the RBI via a letter dated January 06, 2026, which was received by CIFL on January 10, 2026, at 10:35 AM.
This renewed license is crucial for CIFL's Remitx vertical, enabling it to continue its inward cross-border money transfer activities in India. The company will continue its association with Overseas Principal Western Union Financial Services Incorporated, USA, across all its licensed locations. The license is valid until January 31, 2028.
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