Prithvi Exchange (India) Ltd secured a perpetual Authorised Dealer Category-II license from the RBI. This allows expansion into trade remittances and outward remittances for family maintenance.
Prithvi Exchange Secures Perpetual RBI License
Prithvi Exchange (India) Ltd has been granted a perpetual license under the Authorised Dealer Category-II (AD-II) by the Reserve Bank of India (RBI). Reader Takeaway: Expanded services offer new revenue streams; perpetual license provides long-term stability. ## What just happened The company announced on August 13, 2026, that it received a perpetual license from the RBI in the Authorised Dealer Category-II (AD-II). ## Why this matters This license significantly expands Prithvi Exchange's business activities. It authorizes the company to process trade remittances for eligible transactions and facilitate outward remittances for family maintenance and other permissible purposes. ## The backstory Prithvi Exchange (India) Ltd has been operating under previous service levels. This new license broadens its operational scope within the foreign exchange services sector. ## What changes now The company can now offer a more comprehensive suite of foreign exchange services, including trade remittances and family maintenance remittances, enhancing its market position. ## Risks to watch Investors should track the successful integration of these new services and their impact on overall business volume and revenue. ## Context metrics (time-bound) License approval date: August 13, 2026. License type: Perpetual AD-II Category. ## What to track next Monitor the company's performance in executing new remittance services and its impact on financial results.
