New Delhi, Aug. 6 -- IRCTC share price gained over 2% on Wednesday after the PSU railway ticketing company announced the receipt of an RBI authorization for its subsidiary. The PSU railway stock rose as much as 2.43% to Rs.743.60 apiece on the BSE.

Indian Railway Catering and Tourism Corporation (IRCTC) said that the Reserve Bank of India (RBI) has granted 'In-Principle' authorization to its subsidiary IRCTC Payments to operate as an Online Payment Aggregator.

"...this is to inform that Reserve Bank of India (RBI), vide its letter dated August 04, 2025 (received via email dated August 05, 2025), has granted 'In-Principle' authorization to IRCTC Payments Limited, a Wholly Owned Subsidiary of IRCTC, to operate as an Online Payment Aggrega...