Paytm Money Pays INR 45.50 Lakh Fine To Settle Case With SEBI

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SUMMARY

Paytm’s wealthtech subsidiary Paytm Money paid a fine of INR 45.50 Lakh to settle a case with SEBI pertaining to alleged violations of norms for technical glitch framework

In a settlement order, the markets regulator said it had issued a show-cause notice to Paytm Money for violating several provisions of the SEBI Act, 1992

The development weeks after Paytm and its directors and officials, including current as well as former, settled a case with SEBI by paying a cumulative sum of INR 3.32 Cr

Paytm’s wealthtech…



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Paytm Money Pays INR 45.50 Lakh Fine To Settle Case With SEBI


SUMMARY

Paytm’s wealthtech subsidiary Paytm Money paid a fine of INR 45.50 Lakh to settle a case with SEBI pertaining to alleged violations of norms for technical glitch framework

In a settlement order, the markets regulator said it had issued a show-cause notice to Paytm Money for violating several provisions of the SEBI Act, 1992

The development weeks after Paytm and its directors and officials, including current as well as former, settled a case with SEBI by paying a cumulative sum of INR 3.32 Cr

Paytm’s wealthtech…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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