RBI Imposes Penalty Of INR 1.67 Cr On Ola Financial Services
RBI has slapped a penalty of INR 1.67 Cr on Ola Financial Services for non-compliance with directions for PPIs and KYC norms.
Source: inc42.com
Page 16 - Master Directions News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Master Directions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Master Directions Today - Breaking & Trending Today
RBI imposes Rs 1.68 crore penalty on Ola Financial Services
RBI further stated that it had observed that the entity was non-compliant with the directions issued on KYC requirements.
Source: businesstoday.in
RBI imposes monetary penalty on Ola Financial Services
The Reserve Bank of India (RBI) on Tuesday said it has imposed a monetary penalty of Rs 1.68 crore on Ola Financial Services Private Limited for non-compliance with certain provisions of payment instruments and know your customers (KYC).
Source: webindia123.com
RBI Imposes Penalty of Rs1.68 Crore on Ola Financial Services Over Non-compliance of KYC Norms
The Reserve Bank of India (RBI) has imposed a penalty of Rs1,67,80,000 on Ola Financial Services Private Limited for non-compliance with KYC norms.
Source: moneylife.in
Fintech players seek at least 1 year sunset clause on RBI directive on credit lines by PPI issuers
Industry associations like the Digital Lenders Association of India (DLAI), Fintech Association for Consumer Empowerment (FACE) and others, fear that their customer base would be affected by the RBI directive.
Source: businesstoday.in