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ED raids at premises of online payment gateways like Razorpay, Paytm and Cashfree

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(G.N.S) Dt. 3 Bengaluru  Enforcement Directorate raids in Karnataka’s Bengaluru at the 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 raids are currently underway at six premises in Bengaluru. The case is based on

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