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Paytm gets SEBI warning over related party transactions with payments bank

By Economic Times - 4 months ago
Paytm SEBI warning: One 97 Communications, Paytm's parent, received a SEBI warning for unapproved FY 2021-22 related party transactions with Paytm Payments Bank totaling ₹324 crore and ₹36 crore. The July 15, 2024 letter noted compliance lapses. Paytm asserts adherence to SEBI Listing Regulations, upholds high standards, ensures transparency, and confirms no financial impact while addressing SEBI's concerns.

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