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RBI Reviews Some E-Wallets After BluSmart App Goes Bust

The bank could propose mandating escrow arrangements for consumer balances, similar to those required of payment aggregators, to ensure funds remain protected if a company shuts down.

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RBI Reviews Some E-Wallets After BluSmart App Goes Bust RBI Reviews Some E-Wallets After BluSmart App Goes Bust Reviewed by aamira sultan on May 14, 2025 Rating: 5

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