Economy & Business

    ED begins preliminary probe into Paytm Payments Bank: Report

    The Hawk
    February14/ 2024
    Last Updated:

    Paytm Payments Bank logo

    Bengaluru: India's financial crime fighting agency has started a preliminary inquiry against Paytm Payments Bank, local broadcaster CNBC-TV18 reported on Wednesday, citing sources.

    That comes two weeks after the country's central bank ordered Paytm's banking affiliate to wind down.

    Paytm and the Enforcement Directorate did not immediately respond to Reuters' requests for comment.