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Searched Tag: one97 communications ltd

One97 Communications Ltd, the parent company of Paytm, saw its shares drop over 2.50% in a special trading session following a Rs 5.49 crore penalty imposed by the Financial Intelligence Unit on Paytm Payments Bank

Paytm's woes deepen: Stocks dip as FIU slaps record penalty on Payments Bank

March 2, 2024, 02:52 PM - 2 min read

In fresh trouble for Paytm Payments Bank, the Financial Intelligence Unit (FIU) has slapped a penalty of Rs 5.49 crore on the payments bank for violating anti-money laundering law, the finance ministry said on Friday.

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