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Paytm Payments Bank action due to non-compliance: Das
Das did not specify the shortcomings resulting in the RBI action, but made it clear that it is driven by a "lack of compliance" at Paytm
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RBI projects inflation at 4.5% in FY25
MPC noted that domestic economic activity is holding up well and is expected to be backed by the momentum in investment demand
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Why did retail credit growth slow?
Data has also showed that instances of defaults rose considerably in personal loans and credit cards
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Govt plans record mopup via SGBs in FY25
Appetite for SGBs has gone up by such an extent that while the finance ministry had budgeted to raise Rs 11,200 crore in the current fiscal, the revis
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FPIs bet big on debt, infuse Rs 19.8k cr in Jan
But foreigners still pulled out Indian equities worth Rs 25,743 crore last month owing to surging bond yield in the US
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No ED probe against CEO, company: Paytm
The ED had visited premises of the company and some other fintech firms in September 2022 for money laundering investigations against some of the me
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RBI cautions public on KYC frauds
The central bank has urged the the public to show caution and due care to prevent loss and safeguard themselves from such malicious practices
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RBI order to have Rs 500-cr impact: Paytm
The action against Paytm Payments Bank Ltd followed a comprehensive system audit report and subsequent compliance validation report of external audito
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Now, update FASTag KYC by Feb 29
Only 7 lakh multiple FASTags have been closed out of 1.27 crore. Hence, the extension by another month
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What Fintech Firms are Expecting
The fintech industry recognises the role that innovations and developments will play in propelling the industry forward and factors that will contribu
