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Anant Ambani, Radhika Merchant pre-wedding bash: Rihanna’s team lands in Jamnagar. Watch video

Feb 28, 2024, 06:47PM ISTSource: etimes.inAnant Ambani and Radhika Merchant are set to host their star-studded pre-wedding festivities in Gujarat's Jamnagar. The event will...
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Paytm to form advisory committee on compliance, regulatory matters led by ex-SEBI head

Feb 09, 2024 07:39 PM IST

Paytm to form group advisory committee on compliance and regulatory matters. Former chairman of SEBI to head Paytm’s advisory committee.

Paytm parent One97 Communications on Friday said it would form a group advisory committee on compliance and regulatory matters.

 The interface of Indian payments app Paytm.(REUTERS)
The interface of Indian payments app Paytm.(REUTERS)

The committee will be headed by Meleveetil Damodaran, former chairman of India’s markets regulator, and “will work closely with the board,” Paytm said in a press release.

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The Reserve Bank of India last week ordered Paytm affiliate Paytm Payments Bank to wind down most of its business, including deposits, credit products and its popular digital wallets, by Feb. 29, citing “persistent non-compliance.”

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