This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...
The fine was imposed on the payments bank for violating norms related to cybersecurity and stringent monitoring of risk profiles of onboarded entities The deficiencies in regulatory compliances came ...
The payments bank has neither disclosed the reason for the temporary ban nor specified any timeline for the resumption of the service The development comes barely a week after the RBI imposed a fine ...
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