Paytm Money Pays INR 45.50 Lakh Fine To Settle Case With SEBI

Paytm’s wealthtech subsidiary Paytm Money paid a fine of INR 45.50 Lakh to settle a case with SEBI pertaining to alleged violations of norms for technical glitch framework

In a settlement order, the markets regulator said it had issued a show-cause notice to Paytm Money for violating several provisions of the SEBI Act, 1992

The development weeks after Paytm and its directors and officials, including current as well as former, settled a case with SEBI by paying a cumulative sum of INR 3.32 Cr

Paytm’s wealthtech…