MUMBAI: Paytm has adopted a compliance-first approach and is focusing on achieving profitability, founder and CEO Vijay Shekhar Sharma said at the company’s 24th annual general meeting on Thursday.
“We have had a lot of learnings in the past six months. Now, we are talking compliance-first business... one that takes care of every regulation fully and in letter and spirit,” Sharma said.
The fintech came under the regulatory scanner after RBI flagged persistent non-compliance at its banking unit and directed the company to wind down its payments bank in Jan.