Sources
Bloomberg EconomicsIndian digital-payments provider Paytm says it is severing business ties with its bank affiliate, seeking to appease regulators who are pursuing a cleaner distinction between the two https://t.co/I2ITT1IPVc
ETtech🚨 Some Indian payment firms and aggregators appear to be stragglers in comparison with banks on meeting #KYC norms. Compliance faultlines remain even as the broader fintech industry is in the spotlight after the central bank ban on #Paytm Payments Bank.
Press Trust of IndiaPPBL crisis: Paytm and Paytm Payments Bank mutually agree to discontinue various inter-company agreements to reduce dependencies
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