RBI’s action against Paytm draws ‘attention of fintech entrepreneurs’ towards compliance: IT minister Chandrasekhar

Union Minister of state for electronics and IT Rajeev Chandrasekhar highlighted the importance of regulatory compliance for fintech firms, stating that the Paytm Payments Bank case has drawn attention to this issue. In an interview with PTI, he emphasized that non-compliance can have detrimental consequences for entrepreneurs in the digital economy.

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