RBI imposes fine on One Mobikwik Systems, Spice Money : Rashtra News
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After an enquiry, it has been found that the two payment system operators were in violation of norms.
“These actions are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered into by the entities with their customers,” RBI said in a release.
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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)
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