Central Depository Services India (CDSL) has intensified its scrutiny of the know-your-customer (KYC) procedures employed by various entities under One 97 Communications Central Depository Services ...

Noida-based mcommerce company Paytm has introduced Aadhaar-based eKYC (E-Know Your Customer) to make customer verification a real-time, paperless process. The eKYC is part of an iSPIRT initiative ...

Paytm is India's leading e-wallet and payment banking service, widely popular in metro and small towns of the country. It helps users make instant electronic payments and transfer money to bank ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Last year the central bank told Paytm Payments Bank to stop ...

BENGALURU, Oct 12 (Reuters) - India's central bank said on Thursday it has imposed a penalty of 53.9 million rupees ($647,762.58) on Paytm Payments Bank for non-compliance with some provisions, ...