Paytm Shares Fall to All-Time Low Following RBI’s Orders Preventing Fintech from Onboarding New Clients
The Reserve Bank of India (RBI) has reportedly instructed Paytm Payments Bank to stop onboarding new clients and to also hire an IT audit company while citing “supervisory concerns.” In an official statement, the RBI stated that Paytm Payments Bank should stop taking on new… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged auditing, digital financial services, financial services, india, it systems, payments, paytm, rbi, reserve bank of india