Tag: RBI Governor ShaktikantaDas PaytmPaymentsBank DataBreach KYC Regulation Banking Fintech India
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“RBI Governor Advocates Firm Measures Against Paytm Payments Bank”
In a recent announcement, the Reserve Bank of India (RBI) revealed that the enforcement action taken against Paytm Payments Bank stemmed from its ongoing failure to comply with regulatory standards. Deputy Governor Swaminathan J affirmed the central bank’s commitment to monitoring Paytm Payments Bank closely and pledged to take appropriate measures as necessary in the…