Paytm Payment

Rs 5.49 Crore Fine Imposed on Paytm Payments Bank for Money Laundering Breach – What’s the Impact on Customers?

Paytm Payments Bank was fined Rs 5.49 crore by FIU-IND for failing to report suspicious transactions linked to money laundering. While this doesn’t directly impact customers, it raises concerns about compliance and regulatory oversight. Learn how this affects you, what steps to take for account safety, and how financial regulations protect customers from fraud.