November 02, 2024 16:09 (IST)
Paytm gets govt panel's approval to receive China-linked investments for its payments arm: Report
Mumbai: Paytm, which has been struggling after RBI’s operational restrictions on its payments arm Paytm Payment Bank, has received approval from a government panel overseeing China-related investments to inject 500 million rupees ($6 million) into a significant subsidiary, media report.
Mumbai: The recent measures enacted by the Reserve Bank of India (RBI) concerning Paytm Payments Bank serve the interest of consumers and the broader Indian economy, according to Financial Services Secretary Vivek Joshi.
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