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NEWS: India’s Paytm CEO meets RBI, finance minister amid CDD failure scandal

By Siddhi Nayak

Paytm’s chief executive met the Indian finance minister on Tuesday, according to two sources who were aware of the development, days after the banking regulator ordered its payment bank to halt business, leading to a share price rout.

Earlier in the day, Reuters had reported that CEO Vijay Shekhar Sharma and a few Paytm officials had met the Reserve Bank of India (RBI) on Monday to discuss regulatory concerns.

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