Paytm Money pays Rs 45.5 lakh to settle allegations of SEBI norm violations

The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order on Paytm Money against a showcause notice to the company for violating its directions on technical glitch framework. Paytm Money has paid Rs 45.5 lakh to settle the allegations.

On July 24, 2024, Sebi had issued a showcause notice to the stock broker for violating the following: