Transcorp International Received RBI’s In-Principle Approval for CPS
In February 2026, Transcorp International Limited received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), representing a major development in its banking services infrastructure.
In February 2026, Transcorp International Limited received in-principle approval from the Reserve Bank of India (RBI) for participation in Centralized Payment Systems (CPS), representing a major development in its banking services infrastructure.
- Following this authorization, Transcorp will be able to hold and operate a bank account at the RBI, and also be allotted its own Indian Financial System Code (IFSC).
Key Details:
Significance of CPS: The CPS authorisation, which is usually granted to banks, allows the company to develop and operate its payment ecosystem with Real Time Gross Settlement(RTGS) and National Electronic Funds Transfer (NEFT) capabilities, in accordance with applicable RBI guidelines.
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- The CPS will improve payment ecosystem independence, operational efficiency, and regulatory compliance, while supporting secure and technology-driven payment solutions.
Key Financial Highlights: Transcorp increased profitability during the quarter (49% growth compared to the last quarter); and the 9-month period (67% growth over the corresponding period of the last year) ended December 31, 2025.
- The company fully repaid all public Fixed Deposits (FDs) as part of its Public FD scheme.
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