CEO, CFO of scam-hit Karvy Stock Broking arrested in IndusInd Bank default case
In November 2020, Bombay Stock Exchange declared Karvy Stock Broking as a defaulter and removed the brokerage house from its membership after a similar action was initiated by the National Stock Exchange.
Paytm to transfer online payments biz to subsidiaryRBI guidelines for regulation of payment aggregators (PAs) requires their business to be regulated and run by a separate company, after obtaining the licence from RBI. The new entity will include Paytm's online payment gateway business.
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