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Paytm Payments Bank: ED quizzes Paytm Payments Bank officials

Paytm Payments Bank executives provided information and documents sought by the agency. ED has asked them to furnish more details by next week, sources said. The executives were summoned as “part of the procedure” that needs to be followed once a Fema investigation is launched. ....

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ED Quizzes Paytm Payments Bank Officials

The Directorate of Enforcement (ED) quizzed Paytm Payments Bank officials this week in connection with its probe into alleged violations of Foreign Exchange Management Act (Fema) by entities using the bank, said people aware of the matter. ....

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