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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......

Fino 1st payments bank to get RBI nod to turn SFB

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic......

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,......