ED Initiates Probe Against Paytm Payments Bank, Big Setback for Vijay Shekhar Sharma: Report

ED Initiates Probe Against Paytm Payments Bank, Big Setback for Vijay Shekhar Sharma: Report

According to Reuters, the Enforcement Directorate launched a preliminary investigation on Paytm Payments Bank on Wednesday, citing a report from CNBC TV 18. The measure comes only days after the Reserve Bank of India (RBI) stopped the Paytm subsidiary from receiving new deposits beginning February 29. The central agency’s move is a fresh setback to … Read more