The Enforcement Directorate on Wednesday said it has seized an additional amount of Rs 51.23 crore lying in bank accounts and virtual accounts with payment gateways, belonging to PC Financial Services Private Limited under the provisions of the Foreign Exchange Management Act, officials said. The ED, during a money laundering investigation, initiated a probe under FEMA against PC Financial Services …
The Enforcement Directorate has seized Rs 131.11 crore of a Haryana-based PC Financial Services Private Limited, a Non-banking Financial Company, under the Foreign Exchange Management Act, officials said. The ED, during a money laundering investigation, initiated a probe under FEMA against PC Financial Services Private Limited, an NBFC company, that provides instant personal micro loans through its mobile application ‘Cashbean’ …
