RBI’s action against Paytm draws ‘attention of fintech entrepreneurs’ towards compliance: IT minister Chandrasekhar – Times of India

RBI’s action against Paytm draws ‘attention of fintech entrepreneurs’ towards compliance: IT minister Chandrasekhar – Times of India

NEW DELHI: The recent regulatory action taken by the Reserve Bank of India (RBI) against Paytm Payments Bank has highlighted the significance of adhering to laws for other fintech firms and that compliance cannot be “optional”, according to union minister Rajeev Chandrasekhar. In an interview with the news agency, PTI, the minister of state for…

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