Digital payments firm Paytm (PAYT.NS) said late on Wednesday its top management got a notice from India's markets regulator over the timing of its 2023 announcement curbing small personal loans following a central bank clampdown.
Paytm's key management personnel, which include CEO Vijay Shekhar Sharma and CFO Madhur Deora, received the so-called show cause notice from the Securities and Exchange Board of India on Tuesday. They have 14 days to respond to the notice.
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