RBI fines Ola Financial Rs 1.67 crore for flouting KYC rules
source link: https://nextbigwhat.com/rbi-fines-ola-financial-rs-1-67-crore-for-flouting-kyc-rules/
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NBW News RBI fines Ola Financial Rs 1.67 crore for flouting KYC rules
RBI fines Ola Financial Rs 1.67 crore for flouting KYC rules
RBI has imposed a penalty of Rs 1.67 crore on Ola Financial Services for not complying with KYC norms for digital wallets and prepaid payments instruments.
Ola Financial Services is the fintech arm of SoftBank-backed ride-hailing firm Ola.
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