SEBI issues notice to Paytm CEO and CFO regarding 2023 loan disclosure
Paytm has announced that its senior leadership team was issued a show-cause notice by SEBI. The regulator is questioning the timing of the company's 2023 disclosure regarding the reduction of small personal loans, which followed restrictions imposed by the Reserve Bank of India (RBI). The notice was delivered on Tuesday to key executives, including CEO Vijay Shekhar Sharma and CFO Madhur Deora. They are required to provide a response within 14 days.
by shortkt.com✓