Janpukar News/ Admin
Amidst regulatory pressures, digital payments company Paytm announced on Monday that CEO Vijay Shekhar Sharma would step down from his roles as non-executive chairman and board member of its payments bank unit.
This decision is part of a significant board overhaul at Paytm Payments bank prompted by regulatory actions from the Reserve Bank of India (RBI).
According to an exchange filing on Monday, Paytm revealed that Srinivasan Sridhar, former chairman of state-owned Central Bank of India, former Bank of Baroda Executive Director Ashok Kumar Garg, and two retired Indian Administrative Service officers will join the Paytm Payments Bank’s board.
source – TOI
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