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Paytm Bank Fined Over Rs 5 Crore For Violations Under Money Laundering Act

Published: March 1, 2024

Paytm Payments Bank has been fined Rs 5.49 crore over alleged money laundering in the latest setback to the fintech, a month after the Reserved Bank of India (RBI) ordered it to stop accepting any fresh deposits in its accounts or wallets.

Source: ndtv.com

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