Directorate Of Enforcement

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.

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 Hightlights

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

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  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?