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Paytm Payments Bank MD and CEO Surinder Chawla quits

Beleaguered Paytm Payments Bank's managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla's resignation comes amidst Paytm Payments Bank......

Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman

Vijay Shekhar Sharma has stepped down as part-time non-executive chairman of Paytm Payments Bank Limited (PPBL), and the board of the bank has been reconstituted. Photograph: Anushree......

RBI asks Paytm Payments Bank to stop opening new accounts

The RBI on Friday asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Photograph: Amit Dave/Reuters "Reserve Bank of India has today,......

Paytm Payments Bank fiasco: Independent directors raised concerns

At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues......

Rs 5.49 cr fine imposed on Paytm Payments Bank under anti-money laundering law

Financial Intelligence Unit-India (FIU-IND) has imposed a Rs 5.49 crore penalty on Paytm Payments Bank for violating anti-money laundering rules, the Finance Ministry said on Friday. FIU-IND......

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