Sitharaman met Sharma out of courtesy for the industry, the first person mentioned above said, requesting anonymity. "The FM made it clear that it was a regulatory issue, which the government can't help the company with," the person said.
When contacted, a finance ministry spokesperson refused to comment.
Earlier on Monday, Sharma, the founder and chief executive of One97 Communications, the parent of the payments bank, met officials from RBI, according to a person aware of the development.
Sharma, the person said, wanted to understand the way forward following RBI's decision to bar the payments bank from accepting deposits beginning 1 March. According to the person cited above, an emotional Sharma left without any change in stance from the banking regulator.
Denne historien er fra February 07, 2024-utgaven av Mint Mumbai.
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Denne historien er fra February 07, 2024-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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