Recent sweeping actions against Paytm Payments Bank blocking new customer acquisitions, recharging FASTags, and barring funds transfers beyond February 28th represent a crescendo in long simmering tensions with the banking regulator RBI tied to serial non-compliance spanning money laundering norms, conflict risks and process gaps. Paytm however contends compliance fixes are underway now to restore […]
The post 3 Reasons Why Paytm Wallet, FASTag, Payments Bank Are Banned By RBI appeared first on Trak.in - Indian Business of Tech, Mobile & Startups.
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