Paytm Payments Bank has been fined Rs 5.49 crore over alleged money laundering in the latest setback to the fintech, a month after the Reserved Bank of India (RBI) ordered it to stop accepting any fresh deposits in its accounts or wallets.
India s probe of Paytm widens – The Frontier Post thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.
India Business News: NEW DELHI: RBI has found lakhs of instances of alleged KYC violation by Paytm Payments Bank, raising concerns of money laundering, along with the lend.