After the ban announced on January 31, the shares of One97 Communications Ltd have fallen over 43% and are near their ...

Central Depository Services India (CDSL) has intensified its scrutiny of the know-your-customer (KYC) procedures employed by various entities under One 97 Communications Central Depository Services ...

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 ...

India’s central bank has extended the deadline for some business restrictions on Paytm’s Payments Bank to March 15 in “larger public interest,” dashing hopes of any major concessions but allowing ...