Investors Rattled By India’s Regulatory Surprises


Analysts said that the stringency of the Paytm Payments Bank action,
while directed at a single entity, signals that the bank won’t tolerate lapses.
“This is a warning to the entire sector,” said Hemindra Hazari, a banking
analyst in Mumbai


SOURCEWall Street Journal
Previous articleRBI Goes After Non-Compliance In Financial Sector
Next articleAxis Bank Incubates a New Entrepreneur — Its Head of Retail Branches