The Reserve Bank of India (RBI) has imposed penalty on Tata Communications Payment Solutions (TCPSL), a wholly owned subsidiary of Tata Communications, for deficiencies in regulatory compliance. A penalty of Rs 2 crore has been imposed on TCPSL. The penalty was for non-compliant with the directions issued by RBI on White Label ATM deployment targets and net-worth requirement.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1834.90 |
| Vodafone Idea | 11.25 |
| Indus Towers | 404.85 |
| Tata Communications | 1590.80 |
| Bharti Hexacom Ltd. | 1498.20 |
| View more.. | |
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