Paytm Payments Bank Faces Rs. 5.49 Crore Penalty for Violations of Anti-Money Laundering Regulations
New Delhi: The Financial Intelligence Unit-India (FIU-IND) has imposed a monetary penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd for violations of its obligations under the Prevention of Money Laundering Act (PMLA), 2002. The penalty…