business

Paytm Payments Bank yet to appoint firm for IT audit: Govt

Paytm Payments Bank yet to appoint firm for IT audit: Govt

  • Minister of State for Finance Bhagwat Karad said Paytm Payments Bank hasnt yet appointed a firm to conduct an audit of its IT systems
  • On March 11, RBI barred the bank from onboarding new customers and ordered it to appoint an audit firm
  • Order followed a report that the bank allegedly leaked data to Chinese entities, Bloomberg reported citing sources
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business 2022-04-13 Inshorts