Swapnalok fire victims are employees of Q-Net
During the preliminary investigation, it was found that a short-circuit caused the fire mishap as well as the explosions of AC compressors
Source: deccanchronicle.com
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RBI Cancels PPI Certificates of DigitSecure, Kedia Infotech and Oxigen Services; Also, Muthoot Finance's White Label ATMs
Three prepaid payment instrument operators, DigitSecure India Pvt Ltd, Kedia Infotech Ltd and Oxigen Services (India) Pvt Ltd and Muthoot Finance Ltd, t
George Alexander Muthoot Kedia Infotech Hitachi Payment Services Oxigen Services India Pvt Ltd Oxigen Services Payment Solutions Services India
Source: moneylife.in
Muthoot Finance voluntarily surrenders licence for operating white label ATMs
The Reserve Bank of India has said that following the cancellation of the CoA, the gold loan non-banking finance company (NBFC) cannot transact the business of setting up, owning and operating white label ATMs.
Muthoot Finance Bandhan Bank Kedia Infotech Oxigen Services India Private Digitsecure India Private Muthoot Finance Limited
Source: businesstoday.in