Chola joins consortium for retail payments

Cholamandalam Investment and Finance Co. Ltd. (Chola) has joined a consortium ‘Vishwakarma Payments Pvt. Ltd.’ for retail payments. Chola said in a filing that it is part of the consortium, which includes FSS, Zoho, Zerodha and RazorPay, that has applied for an umbrella entity licence for retail payments to the RBI.

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