Explore the latest news, in-depth reports, and executive analysis tagged with #Directorate Of Enforcement.
In his new role, Malli will be responsible for the Department of Supervision (Supervisory Assessment).
The agency said the total value of proceeds of crime attached, frozen and seized during the investigation so far stands at around Rs 2,843 crore.
![The MCC mayhem: HDFC Bank enters the scene; PayU sues banks; Razorpay prepares to contest IRF claims [Exclusive]](/upload/theheadandtale.com/2026/09/1789475840_7b2f2e1ea7_mcc_misuse_2.jpg)
What began as a one-off dispute in which ICICI Bank quietly initiated interchange reimbursement fee (IRF) claims over MCC misuse is now turning into an industry-wide contest.
The six-month extension is expected to provide some breathing room to PAs that were unlikely to complete the exercise across their entire merchant base by September 15.
The appointments have been approved by the company’s board, and the Reserve Bank of India (RBI) has also cleared Samir Sawhney’s appointment as Executive Director.
The RBI clarified that Tata Sons' inclusion is subject to the outcome of its pending application for deregistration as an NBFC.
Chakraborty will oversee the Foreign Exchange Department as well as the Financial Markets Regulation Department.
The guidance sets out procedures for identifying reportable users, determining account ownership in different cases, and addressing reporting obligations for cross-border transactions.
Singh, who spent more than 11 years at Uber, will join OpenAI in September.
The ED alleged that these platforms advertised instant cross-border money transfer services using cryptocurrencies despite not being authorised payment system operators.
The ED had arrested the three founders on May 8 following searches at multiple locations linked to Gameskraft and its executives.
The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.
Enforcement Directorate (ED), Directorate General of GST Intelligence (DGGI) actions against online gaming and fintech companies in last couple of months.
ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
The lenders would be permitted to deploy technology-based mechanisms to restrict functionalities of a borrower’s mobile device.
In his new role as Executive Director, Gunveer Singh will oversee the Department of Payment and Settlement Systems.
During the raids, the ED reportedly seized substantial cash, valuables, electronic devices, and other incriminating evidence.
The ED also alleged that the gaming company used bots to play games against users without their knowledge, causing losses of about Rs 1,154 crore to players.
Public policy veteran Nirupama Soundararajan will head the Digital Precious Metals Assurance Council of India.
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.
