Paytm Payments Bank’s MD & CEO Surinder Chawla Quits
One 97 Communications Limited has informed the stock exchange that Surinder Chawla, Managing Director and CEO of its associate entity, Paytm Payments Bank Limited (PPBL), has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.
Paytm Payments Bank’s Chairman Vijay Shekhar Sharma Resigned
Vijay Shekhar Sharma, the founder of Paytm, has stepped down from the post of Part-time Non-executive Chairman of Paytm Payments Bank Limited (PPBL) before the March 15 deadline for shutting down its operations.
Independent Directors expressed concern over Paytm Payments Bank
During a period when the position of Corporate Boards is once again being questioned, Independent Directors on the Paytm Payments Bank Board have suggested that red flags were indeed raised regarding regulatory matters, albeit potentially after the optimal time.
