Fintech firm One97 Communications, which owns Paytm brand, on Friday announced setting up of a group advisory committee headed by former Sebi Chairman M Damodaran, amid its associate payments bank entity facing regulatory action for non-compliance with RBI norms.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGThe committee will advise the company on strengthening compliance and on regulatory matters, according to a stock exchange filing.
Former President of the Institute of Chartered Accountants of India (ICAI) M M Chitale and former Chairman and Managing Director of Andhra Bank R Ramachandran are part of the panel chaired by Damodaran.
“The Group Advisory Committee will work closely with…
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