Sources told ET that issues at Paytm Payments Bank were brewing for the past seven years and included complaints such as Violation of banking compliance norms on money laundering, conflict of interest, maintaining an arm’s length from the parent, lax processes allowing fraud, licensing agreement breaches.
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman
In a recent discussion, Union Finance Minister Nirmala Sitharaman emphasised that no sector is off-limits for private business in India. Highlighting reforms under Prime Minister