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Money laundering suspected: More payment banks under scanner

About 30,000 of these are with payments banks other than Paytm Payments Bank and details have already been given to the Reserve Bank of India (RBI), which is looking into these and has sought further information, said people with knowledge of the matter. The banking regulator didnt respond to queries.

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Paytm payments bank controversy: Unpacking regulatory challenges in India s payment banking landscape

The recent RBI action against Paytm Payments Bank has sparked widespread discussion and speculation on the reasons for regulatory action, Paytm share price and Paytm’s future strategy to deal with the restrictions. In a sense,.

RBI raises annual remuneration cap to Rs 30 lakh for non-executive directors in banks

Private sector banks would be required to obtain regulatory approval regarding remuneration to Part-time Chairman, RBI said.

RBI ups remuneration ceiling of pvt sector banks Non-Executive Directors by ₹10 lakh to ₹30 lakh per annum

RBI ups remuneration ceiling of pvt sector banks Non-Executive Directors by ₹10 lakh to ₹30 lakh per annum
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