Policy
Niyo Forex gets permanent RBI dealer licence
By Startup Enthusiast ·
- Date
- Company
- Niyo
- What it does
- RBI licence made permanent
- Kind
- Policy
- Based in
- Bengaluru
- Founded
- 2015
What they do
The Reserve Bank of India gave Niyo Forex a perpetual Authorised Dealer Category II licence in August 2026
What happened
The licence is held by Kanji Forex Pvt Ltd, the company through which Niyo runs its forex business
Why it matters
It lets Niyo offer trade and family maintenance remittances and broaden its branch network under long-term approval
The details
- RBI granted a perpetual AD II licence (authority to deal in foreign exchange).
- It is held by Kanji Forex Pvt Ltd.
- Niyo can now offer trade remittances and family maintenance remittances.
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- Niyo cuts FY25 net loss 55% to ₹78 crore23 October 2025 · Results · ₹78 Cr
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