ICAl may look at Paytm regulatory issue

Amid the unfolding Paytm Payments Bank Ltd crisis, Institute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may deliberate on issues of the fintech firm in the near future. The FRRB of the statutory body is currently conducting areview of the accounts of tech-based education unicorn Byju's over alleged governance concerns, and the exercise is progressing well, the ICAl president said. Newly elected committees, including FRRB, of the ICAl are expected to hold meetings from March onwards, he said. PTI