Paytm forms advisory committee which will work with its Board to strengthen compliances aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Paytm to set up panel on regulatory matters following RBI scrutiny newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
The step comes after the January 31 action by the RBI where it directed Paytm Payments Bank Ltd (PPBL) that no fresh deposits, credit transactions or top ups will be allowed in any customer accounts, prepaid instruments, wallets, FASTags after February 29
The committee will advise the company on strengthening compliance. Headed by former Sebi chief M Damodaran, it also has fomer President of the Institute of Chartered Accountants of India (ICAI) M M Chitale and former Chairman and Managing Director of Andhra Bank R Ramachandran.