paytm crisis

Vijay Shekhar Sharma Resigns As Chairman Of Paytm Payments Bank Ahead of March 15 Deadline

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Vijay Shekhar Sharma Resigns As Chairman Of Paytm Payments Bank Ahead of March 15 Deadline

Curated By: Saurabh Verma Last Updated: February 26, 2024, 21:16 IST Paytm founder Vijay Shekhar Sharma (File photo) The bank has reconstituted its Board of Directors with the appointment of Ex-Central Bank of India Chairman Srinivasan Sridhar, retired IAS officer Debendranath Sarangi, former Executive Director of Bank of Baroda Ashok Kumar Garg, and Retd. IAS … Read more

RBI says no systemic worries, action on Paytm due to “persisted non-compliance”

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RBI says no systemic worries, action on Paytm due to “persisted non-compliance”

A QR code for the Paytm digital payment system at a road side stall in Mumbai. | Photo Credit: EMMANUAL YOGINI Reserve Bank Governor Shaktikanta Das on Thursday said there are no systemic worries and the action on Paytm was driven by a “lack of compliance” at Paytm. Deputy Governor Swaminathan J. said the actions … Read more