Paytm gets Sebi warning for transactions with banking unit, defends itself

Company says it's committed to 'highest compliance standards' after regulator flags related party transactions with Paytm Payments Bank in FY22

One97 Communications (OCL), owner of payments aggregator Paytm, on Tuesday received an administrative warning from the Securities and Exchange Board of India (Sebi), the markets regulator, with regard to related-party transactions, the firm said. 

The firm and its subsidiaries processed two transactions — service taken by OCL from Paytm Payments