India Finance Ministry to Meet Fintech Startups over Paytm Bank Crisis

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India’s finance ministry is set to meet with fintech startups next week in the midst of the recent Paytm Payments Bank controversy. The Reserve Bank of India’s decision to instruct Paytm’s banking arm to cease operations has raised concerns in the financial sector. The Ministry aims to address regulatory compliance issues and gather feedback from startups. The move comes as the industry grapples with the fallout from the Paytm Payments Bank crisis.

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Shreya Gupta
Shreya Gupta
Shreya Gupta is an insightful author at The Reportify who dives into the realm of business. With a keen understanding of industry trends, market developments, and entrepreneurship, Shreya brings you the latest news and analysis in the Business She can be reached at shreya@thereportify.com for any inquiries or further information.

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