Jharkhand Mukti Morcha (JMM) senior leader #ChampaiSoren was sworn in as the chief minister of Jharkhand today, succeeding Hemant Soren, who resigned just before his arrest b the Enforcement Directorate in an alleged land fraud case.
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A system audit conducted by the RBI into Paytm Payments Bank found several lapses pertaining to adherence to anti-money laundering laws regarding know-your-customer (KYC) documents, according to the people cited above. The RBI found that the company did not conduct proper background checks on the source of funds before onboarding clients, they said.