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India Froze Paytm Bank After Years of Warnings About Data Flows

(Bloomberg) India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday. But the surprise move came only after the watchdog had warned the fintech pioneer repeatedly in the past two years about questionable dealings between its popular payments app and its lesser-known banking arm.Most Read from BloombergTrump Risks Losing More Than Half of Swing-State Voters If Found GuiltyHouse Passes $78 Billion Business, Ch ....

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