Cto

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

04 Mar 2025, 17:05 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

PayU, Razorpay, Cashfree, Easebuzz under ED probe in cryptocurrency scam

PayU, Razorpay, Cashfree, Easebuzz under ED probe in cryptocurrency scam

24 Jan 2025, 16:17 PM

The scam reportedly amassed over Rs 2,200 crore from individuals across 20 states. The 'proceeds of the crime' were transferred out of the country.

Former Paytm official, directors pay Rs 3.32 crore to settle case with Sebi

Former Paytm official, directors pay Rs 3.32 crore to settle case with Sebi

18 Jan 2025, 17:04 PM

According to Sebi, directors failed to discharge duties with unbiased approach while decision-making with respect to matters involving benefits to Paytm CEO Vijay Shekhar Sharma.

ED attaches fresh assets worth Rs 388 crore in Mahadev online betting case

ED attaches fresh assets worth Rs 388 crore in Mahadev online betting case

08 Dec 2024, 00:07 AM

The ED has seized assets valued to the tune of Rs 2295.61 crore in this case.

Fintech highlights of the day

Fintech highlights of the day

21 Oct 2024, 16:28 PM

Jio-BlackRock gets Sebi's in-principle nod to set up mutual fund biz; Sachin Bansal-led Navi Finserv's revenue from operations fell to Rs 1,906 crore in FY24 from Rs 2,041 crore in FY23; Paytm promotes Deependra Singh Rathore to CTO.

Fintech Hightlights

  1. BillDesk co-founder MN Srinivasu is new IAMAI chairman

  2. PhonePe system faced UPI payment failures due to tech glitch

  3. BillDesk reports decline in FY24 revenue, profits

  4. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  5. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?