
Aug 7, 2026
✦CNBC TV18
Muthoot FinCorp gets perpetual RBI forex licence; can offer wider remittance services
Muthoot FinCorp got a perpetual Authorised Dealer Category-II forex licence from the Reserve Bank of India. This licence lets the company offer more services like currency exchange and multi-currency cards. It removes the need for periodic renewals, helping the firm serve many students, travellers, and businesses through its wide network.