Key Points
Surinder Chawlas resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI..
Beleaguered Paytm Payments Banks Managing Director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday...
In a major action against Paytm Payments Bank (PPBL), RBI, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29..
Following regulatory actions, promoter Vijay Shekhar Sharma last month stepped down as part-time non-executive Chairman of Paytm Payments Bank Limited, and the board of the bank has been reconstituted...
Paytm said nearly all agreements between the company and PPBL have been terminated as per a disclosure on March 1, 2024, and the board of PPBL has been reconstituted with five independent directors including an independent chairperson, and no nominees from the company, as per its disclosure on February 26, 2024...
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