Question
Who will head the group advisory committee on compliance
and regulatory matters formed by Paytm parent One97 Communications?Solution
• Paytm parent One97 Communications would form a group advisory committee on compliance and regulatory matters headed by M. Damodaran, former SEBI Chairman. • The RBI recently ordered Paytm affiliate Paytm Payments Bank to wind down most of its business by February 29, citing “persistent non-compliance.
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