ED Conducts Raids at Razorpay, Paytm, and Cashfree Offices in Chinese Loan Apps Probe
The Enforcement Directorate on Saturday conducted multiple raids at office premises of online payment gateways like Razorpay, Paytm, and Cashfree.
The Enforcement Directorate on Saturday conducted multiple raids at office premises of online payment gateways like Razorpay, Paytm, and Cashfree as part of an ongoing probe against "illegal" instant smartphone-based loans "controlled" by Chinese persons. The search operation is in progress, the Enforcement Directorate said.
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The Enforcement Directorate raids online payment gateways like Razorpay, Paytm, and Cashfree as part of an ongoing probe against "illegal" instant smartphone-based loans "controlled" by Chinese persons.
— Press Trust of India (@PTI_News) September 3, 2022
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