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Chinese Money In Paytm’s Payment Aggregator Arm? Govt Starts Investigation, Paytm Denies Allegations

By Trak - 10 months ago

An ongoing scrutiny is underway concerning foreign investments into Paytm Payments Services Ltd (PPSL), a subsidiary of One97 Communications Ltd, as reported by PTI. The focal point of this investigation lies in the flow of funds from China into the Indian company, amidst regulatory concerns and guidelines. The Reserve Bank of India’s denial of PPSL’s […]

The post Chinese Money In Paytm’s Payment Aggregator Arm? Govt Starts Investigation, Paytm Denies Allegations appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.

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