Financial Intelligence Unit-India imposes penalty of Rs 5.49 cr on PPBL; Paytm down 2%

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The latest move is a result of the ongoing regulatory action against the payments bank by the RBI. On January 31, the RBI imposed major business restrictions on the Paytm payments bank citing a prolonged history of non-compliance by the Paytm promoters.

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Financial Intelligence Unit-India imposes penalty of Rs 5.49 cr on PPBL; Paytm down 2%

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