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RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms

by AIP Online Bureau | Oct 12, 2023 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

The central bank also found non-compliance with certain provisions related to ‘RBI Guidelines for Licensing of Payments Banks’, ‘Cyber security framework in banks’ and ‘Securing mobile banking applications including UPI ecosystem’...

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