New twist in Spandana founder and Kedaara Capital's public spat


New twist in Spandana founder and Kedaara Capital's public spat

The new management at Spandana has also hired an independent agency to probe into issues concerning the IT system and operations of Criss Financial – a gold loan subsidiary of it, hinting that there is a suspicion of wrongdoings.

A report by IIT-Mumbai said that during April 2017 to September 2020, SBI had collected over Rs 254 crore towards at least 14 crore UPI/ RuPay transactions by charging Rs 17.70 per transactions on BSBDA (Basic Savings Bank Deposit Account) customers under the Pradhan Mantri Jan Dhan Yojana (PMJDY).


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