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
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.
Source: businesstoday.in