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BlackBuck Subsidiary Gets PPI Licence From RBI

  • BlackBuck's parent company Zinka Logistics' subsidiary secures a PPI licence from RBI.
  • The licence was granted to TZF Logistics Solutions Pvt Ltd, BlackBuck's wholly owned subsidiary.
  • PPIs enable purchase of goods/services, financial services, remittance facilities, etc., using stored value.
  • The licence will allow TZF Logistics Solutions to set up and operate a payment system for prepaid payment instruments.

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