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 facing prohibitory action from banking regulator RBI. "Surinder Chawla, managing director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects.
Many a time, we let go of our aspirations because it seems difficult to achieve them at one go.
Paytm, the country's leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders. Also, the company's founder and chief executive officer (CEO) Vijay Shekhar Sharma has decided to oversee the day-to-day operations with all the major verticals reporting directly to him now. "The thing on top of everyone's agenda is getting the core businesses back on track," a person in the know said.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
Harjit Singh Chhabra, head, Sadar Nishkarm Welfare Association, estimated that losses could go up to hundreds of crores.
Her name has been included in the same FIR in which other Dera functionaries Aditya Insan and Surinder Dhiman, among others, had been booked for allegedly inciting violence and arson, police said.
Efforts continued to trace Dera chief's adopted daughter Honeypreet Insan.
Honeypreet is the only woman in the 'wanted' list.
The step was taken following questioning of another arrested functionary of the sect in connection with an alleged conspiracy to facilitate Dera chief Gurmeet Ram Rahim's escape after he was convicted for raping two disciples, police said.
The Kapoors prayed for the matriarch at a chautha.
The CBI court is hearing the cases of murder of journalist Ram Chander Chhatrapati and former Dera manager Ranjit Singh.
Union Environment Minister Harsh Vardhan welcomed the apex court's order and urged people to abide by the SC guidelines and 'give green Diwali and our environment a chance'
Honeypreet stood in the courtroom with folded hands and pleaded innocence with tears in her eyes.
On the actor's 54th birthday on November 2, we write another tome about the boy with big dreams and a regrettable haircut, who defied incredible odds to become one of the most loved actors on the planet.
Bollywood's Badshah turns 50 on November 2, and it's time to celebrate his life and movies.
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