Vijay Shekhar Sharma Resigns as Chairman of Paytm Payment Bank Amidst RBI Actions.
In the wake of recent actions by the Reserve Bank of India (RBI), Paytm Payment Bank experiences significant changes, with Vijay Shekhar Sharma stepping down as Chairman and relinquishing board membership. Reshaping of Paytm Payment Bank’s Leadership After RBI’s recent interventions, Paytm Payment Bank witnesses a major overhaul in its board structure. In an official […]
Read More1 PAN 1000 Accounts : Paytm Payments Bank Faces Regulatory Scrutiny by RBI.
New Delhi: Paytm Payments Bank has come under intense regulatory scrutiny, with the Reserve Bank of India (RBI) imposing strict measures due to concerns over numerous accounts created without proper identification. Insiders familiar with the situation disclosed that these accounts, lacking adequate Know-Your-Customer (KYC) procedures, engaged in transactions of significant amounts on the platform, prompting […]
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