Paytm Payments Bank yet to appoint firm for IT audit: Govt

Minister of State for Finance Bhagwat Karad said Paytm Payments Bank hasn't yet appointed a firm to conduct an audit of its IT systems. On March 11, RBI barred the bank from onboarding new customers and ordered it to appoint an audit firm. Order followed a report that the bank allegedly leaked data to Chinese entities, Bloomberg reported citing sources.