DevYourStoryabout 2 hours ago
EbixCash gets perpetual RBI licence for remittances
5 min read
EbixCash World Money became the first AD-II entity in India to receive a perpetual RBI licence with expanded scope. The licence permits trade remittances up to Rs 25 lakh per transaction and family maintenance remittances, following FEMA framework changes announced in May 2026.
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