PMLA norms: Paytm Bank fined by finmin entity
MUMBAI: The Financial Intelligence Unit-India (FIU-IND) has imposed a penalty of Rs 5.5 crore on Paytm Payments Bank for violation of norms under Prevention of Money Laundering Act (PMLA).A finance ministry statement said on Friday FIU-IND initiated a review of Paytm Payments Bank ‘on receipt of specific information from law enforcement agencies in respect of … Read more