FEMA case against Paytm Payments Bank started
According to government officials who spoke with Reuters last week, the fintech was the subject of an investigation under certain sections of the Foreign Exchange Management Act (FEMA), which deals…
Paytm Payments Bank: Thousands of accounts opened fraudulently and used for money laundering
Speaking on condition of anonymity, the sources stated that the Reserve Bank of India (RBI) is worried that some of the accounts may have been used for money laundering. Latest…
Paytm shares: Macquarie thinks that while the RBI ban has major ramifications, a short-term fix is improbable.
RBI restriction on Paytm: According to Macquarie, it took the RBI 15 months to lift its prohibition on the largest private sector bank’s digital business operations. However, the RBI has…