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HomeIndiaIndia's financial crime fighting agency says Paytm violated foreign exchange rules

India’s financial crime fighting agency says Paytm violated foreign exchange rules

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(Reuters) – India’s financial crime fighting agency said on Monday its investigation revealed that payment services provider Paytm had violated the country’s Foreign Exchange Management Act to the tune of 6.11 billion rupees ($70.00 million).

($1 = 87.2860 Indian rupees)

(Reporting by Sethuraman NR; Editing by Mrigank Dhaniwala)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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