Paytm Money pays Rs 45.5 lakh to SEBI to settle case over technical compliance violations.
Paytm Money, a subsidiary of One97 Communications, settled a case with India's Securities and Exchange Board (SEBI) by paying Rs 45.5 lakh, addressing alleged violations of SEBI's technical glitch framework. The violations included failing to set limits for timely alerts, not connecting critical systems to monitoring applications, and not conducting disaster recovery drills. Paytm Money neither admitted nor denied the charges.
5 weeks ago
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