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RBI Governor On Action Against Paytm Payments Bank

RBI Governor On Action Against Paytm Payments Bank

RBI Governor Shaktikanta Das stated that Paytm Payments Bank was afforded ample time before regulatory action was taken. Das emphasized the central bank’s thorough supervisory approach, focusing on bilateral engagement and encouraging corrective measures. He affirmed that sufficient time was provided for addressing issues before intervention.

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Hong Kong Follows Singapore In Banning Everest, MDH Spices

Zaina Afzal Kutty

Hong Kong’s food safety authority has prohibited four spice products from popular Indian brands, Everest and MDH, due to the discovery of a cancer-causing chemical. The Centre for Food Safety (CFS) detected ethylene oxide, classified as a carcinogen, in three MDH products and Everest’s Fish Curry Masala.

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