Regulatory · Payments · 2024

Razorpay seeks RBI approval for reverse domicile shift to India

Razorpay issued Regulatory approval sought affecting Reserve Bank of India on December 24, 2024.

Primary
Razorpay
Counterparty
Reserve Bank of India
Structure
Regulatory approval sought
Date
December 24, 2024
Sub-sector
Payments

Razorpay pursuing reverse domicile from US to India to align with regulatory requirements and leverage strong domestic public market valuations ahead of IPO.

Primary company
Razorpay
Counterparty
Reserve Bank of India
Amount
Not disclosed
Event date
December 24, 2024
Sub-sector
Payments
HQ
Not disclosed
Structure
Regulatory approval sought
Source published
December 24, 2024
Publisher
Economic Times

Source: economictimes.indiatimes.com