Archive · 6 Aug 2025
IRCTC Share Price Rises Following RBI Payment Approval
IRCTC, the company that handles railway tickets, got permission from the RBI (the money bank of India) for its payment company, IRCTC Payments.
This means IRCTC Payments can now help people pay online to merchants, holding the money and then passing it on.
IRCTC hopes to make more money by entering the world of online payments.
After this announcement, the price of IRCTC's shares went up a bit.
Experts think that if the share price goes above ₹820, it might keep going up, but currently, the stock price has been fluctuating.
IRCTC's subsidiary, IRCTC Payments, received 'In-Principle' authorization from RBI.
The authorization allows IRCTC Payments to operate as an Online Payment Aggregator.
IRCTC Payments was established in 2024 to diversify revenue and enter fintech.
IRCTC stock rose over 2% on Wednesday after the announcement.
Technical analysis suggests potential for a breakout above ₹820.
- Who
- IRCTC and its subsidiary IRCTC Payments.
- What
- IRCTC Payments received 'In-Principle' authorization from RBI to operate as an Online Payment Aggregator.
- When
- The RBI authorization was granted via letter dated August 4, 2025, and received on August 5, 2025.
- Where
- The news involves the Indian Railway Catering and Tourism Corporation (IRCTC) and its subsidiary.
- Why
- The authorization allows IRCTC Payments to facilitate online transactions and diversify revenue streams.
Bullish Analysis
Bearish Analysis
Technical Outlook
Bullish Analysis
Share price consolidation acts as a launchpad for a larger move.
Bearish Analysis
Range-bound traders may find opportunities near the lower end of the band.
- Company
- IRCTC
- Subsidiary
- IRCTC Payments Limited
- RBI Authorization
- 'In-Principle' authorization
- Stock Movement
- Up over 2% on Wednesday
- Stock Price at 11:20 AM
- ₹727.10 apiece
- Established
- 2024