Date:15/11/2008 URL: http://www.thehindu.com/2008/11/15/stories/2008111556291500.htm

Business

PML gets authorised dealer status

NEW DELHI: Reserve Bank of India has granted authorised dealer status to Paul Merchants Ltd. (PML), a private sector primary agent of Western Union. Now any individual, business or institution (legal entity) can send money from India to foreign countries from 88 PML branch offices spread across India.