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ED at Paytm Bank doors; Tata's Uber partnership

Officials from Paytm Payments Bank were summoned by the Directorate of Enforcement (ED) for interrogation earlier this week, sources have revealed, as part of an investigation into alleged breaches of the Foreign Exchange Management Act (Fema) by entities using its services. ....

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Visa, Mastercard to stop card-based B2B payments via third party fintech platforms: Sources

India s central bank has instructed Visa and Mastercard to stop card-based B2B payments through third-party fintech firms, sources reveal. ....

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