RBI says no systemic worries, action on Paytm due to “persisted non-compliance”

RBI says no systemic worries, action on Paytm due to “persisted non-compliance”

A QR code for the Paytm digital payment system at a road side stall in Mumbai. | Photo Credit: EMMANUAL YOGINI Reserve Bank Governor Shaktikanta Das on Thursday said there are no systemic worries and the action on Paytm was driven by a “lack of compliance” at Paytm. Deputy Governor Swaminathan J. said the actions … Read more