Paytm and the Enforcement Directorate did not immediately respond to Reuters’ requests for comment.
India’s financial crime fighting agency has started a preliminary inquiry against Paytm Payments Bank, local broadcaster CNBC-TV18 reported on Wednesday, citing sources.
That comes two weeks after the country’s central bank ordered Paytm’s banking affiliate to wind down.
Paytm and the Enforcement Directorate did not immediately respond to Reuters’ requests for comment.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Feb 14 2024 | 1:49 PM IST