Central Depository Services India (CDSL) has intensified its scrutiny of the know-your-customer (KYC) procedures employed by various entities under One 97 Communications Central Depository Services ...

The fine was imposed on the payments bank for violating norms related to cybersecurity and stringent monitoring of risk profiles of onboarded entities The deficiencies in regulatory compliances came ...

New Delhi, Jan 1 () Paytm Payments Bank Ltd (PPBL) has said it has resumed Know Your Customer (KYC) process as well as onboarding new customers after receiving a formal nod from the Reserve Bank of ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...

BENGALURU, Oct 12 (Reuters) - India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm Payments Bank for non-compliance with some provisions, ...