Business new tamfitronics
MUMBAI:
Paytm has adopted a compliance-first
approach and is focusing on achieving profitability, founder and
Vijay Shekhar Sharma
said at the
company’s 24th annual general meeting
on Thursday.
“We have had a lot of learnings in the past six months. Now, we are talking
compliance-first business..
. one that takes care of every regulation fully and in letter and spirit,” Sharma said.
The fintech came under the regulatory scanner after RBI flagged persistent non-compliance at its banking unit and directed the company to wind down its payments bank in Jan.
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