Startup founders ask RBI to review curbs on Paytm
Monday, 5 February 2024
A collective of startup founders has penned a letter to RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman, urging the regulator to "reassess" its imposition of stringent limitations on Paytm Payments Bank's operations. The move marks a notable departure from the norm, as it is uncommon for companies and their founders to petition a financial regulator, particularly the RBI, for a review.
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