System Audit News Today

The Reserve Bank of India has taken action against Paytm Payments Bank after it directed the bank to not onboard new customers over supervisory concerns.

The latest action from the RBI is a result of a Comprehensive System Audit report and a compliance validation report by external auditors, revealing persistent non-compliance.

Mumbai: The Reserve Bank of India (RBI) on Wednesday banned Paytm Payments Bank Ltd (PPBL) from offering all forms of banking services including fund transfers via Unified Payments Interface, IMPS,...

Paytm customers can continue to utilise balances from their accounts, including savings and current without restriction

The value of the Malta online casino licence

The 2022 revenue generated by the Tin-Can Island command of the Nigeria Customs Service (NCS), from cargoes imported into the country has risen by 16.33 per

Sellathurai Prabagar appointed new COO in smooth succession at country’s top private sector bank The Commercial Bank of Ceylon PLC has announced the appointment of Chief Operating Officer Mr Sanath Manatunge as Managing Director and CEO effective 12th May 2022, and the concurrent appointment of Mr Sellathurai Prabagar as Chief Operating Officer to fill the...

Sellathurai Prabagar appointed new COO in smooth succession at country’s top private sector bank The Commercial Bank of Ceylon PLC has announced the appointment of Chief Operating Officer Mr Sanath Manatunge as Managing Director and CEO effective 12th May 2022, and the concurrent appointment

Paytm Payments Bank has yet not responded to RBI order of appointing an IT audit company for a comprehensive system audit of its IT system

The company, in the January-February period, disbursed 4.1 million loans amounting to Rs 2,095 crore, which surged 449 per cent year-on-year.