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. The Reserve Bank has barred the PPBL from accepting deposits and credits from any customer post-March 15 for persistent non-compliances and continued material supervisory concerns in the bank. PPBL 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 former IAS officer Rajni Sekhri Sibal, Paytm said in a regulatory filing on Monday.
Tamil Nadu government on Thursday banned Dam 999 with immediate effect after the movie faced a storm of protests from various political parties which claim the controversial film is based on the Mullaperiyar dam, over which the state is locked in an escalating row with Kerala.
With the standoff over the Koodankulam Nuclear Power Plant issue continuing, top atomic scientists will meet Tamil Nadu Chief Minister J Jayalalithaa on Friday to discuss ways and means to allay the fears of the locals who are insisting on scrapping the project.