Government reviewing Chinese FDI in Paytm Payments Services yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Govt examining FDI flow from China in Paytm Payments Services orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
An inter-ministerial committee is examining foreign direct investment (FDI) from China in Paytm Payments Services Ltd (PPSL), a subsidiary of Paytm parent One97 Communications Ltd
The Reserve Bank s action against PPBL follows a comprehensive system audit report and subsequent compliance validation report of external auditors. These reports revealed persistent non-compliances and continued material supervisory concerns in PPBL.