Paytm Money settles technical violation case with Sebi for Rs 45.5 lakh

Paytm Money, the fintech arm of One97 Communications, has resolved a case with market regulator Securities and Exchange Board of India (Sebi) by paying a settlement amount of Rs 45.50 lakh, according to a report by news agency PTI.

The case stemmed from alleged violations of Sebi’s technical glitch framework, outlined in a circular dated November 25, 2022.