Tuesday, February 27, 2024

FM Nirmala Sitharaman asks RBI, fintechs to hold monthly meetings in wake of Paytm crisis

Finance Minister Nirmala Sitharaman met representatives from the fintech industry on Monday to hear their concerns in the wake of the central bank's order to Paytm Payments Bank to stop accepting fresh deposits in its account or popular wallets from March.

from Tech-Economic Times https://ift.tt/LE46tji

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...