MUMBAI: Paytm has adopted a compliance-first approach and is focusing on achieving profitability, founder and CEO Vijay Shekhar Sharma said at the company's 24th annual general meeting on Thursday.
"We have had a lot of learnings in the past six months. Now, we are talking compliance-first business.. . one that takes care of every regulation fully and in letter and spirit," Sharma said.
The fintech came under the regulatory scanner after RBI flagged persistent non-compliance at its banking unit and directed the company to wind down its payments bank in Jan.
"We have had a lot of learnings in the past six months. Now, we are talking compliance-first business.. . one that takes care of every regulation fully and in letter and spirit," Sharma said.
The fintech came under the regulatory scanner after RBI flagged persistent non-compliance at its banking unit and directed the company to wind down its payments bank in Jan.
You may also like
Delhi Congress Chief Criticizes Atishi's Short-Term Appointment as Chief Minister
100 days of Modi 3.0 govt: Amit Shah lists PM Modi's achievements in 'Paving the Path to Viksit Bharat' booklet
Congress Protest in Chandigarh Against Union Minister Ravneet Singh Bittu's Remarks on Rahul Gandhi
Demi Lovato Opens Up About Aging and Her New Documentary 'Child Star'