India, Nov. 5 -- Update | November 5, 04:10 AM

Five months after Paytm filed an application to settle an ongoing case pertaining to alleged violations of the Foreign Exchange Management Act (FEMA), the Reserve Bank of India (RBI) has partly compounded the matter.

As per auditor's note in the company's Q2 FY26 financial statement, the RBI has compounded "matters" having an aggregate value to the tune of INR 21 Cr related to Nearbuy India Private Limited during the quarter.

"Further, based on the application and additional steps taken by the Little Internet Private Limited, RBI has observed that the matters having aggregate value of approximately INR 312 Cr are in compliance with applicable laws," added the note.

The auditors also said ...