RBI Fines Visa Rs 2.41 Crore Over Usage Of Unauthorised Payment Method
RBI has aimed to tighten scrutiny of the processes followed by fintech compamies. New Delhi: The Reserve Bank of India imposed a penalty of Rs 2.41 crore (nearly $288,000) on Visa in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday. “It was observed that the entity (Visa)…
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