Paytm Payments Bank has received RBI approval to appoint Surinder Chawla as its new CEO. Chawla is currently the head of branch banking at RBL Bank. According to Mint, Chawla’s appointment as CEO of Paytm Payment Bank has been in the works for some time, and he has also been in a role transition at RBL Bank.
Paytm Payments Bank has been subject to regulatory scrutiny for some time, with the RBI prohibiting it from accepting new customers in March 2022. The company is a joint venture between Paytm and its founder, Vijay Shekhar Sharma, who owns 51% of the company.
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Paytm Payments Bank has received RBI approval to appoint Surinder Chawla as its new CEO. Chawla is currently the head of branch banking at RBL Bank. According to Mint, Chawla’s appointment as CEO of Paytm Payment Bank has been in the works for some time, and he has also been in a role transition at RBL Bank.
Paytm Payments Bank has been subject to regulatory scrutiny for some time, with the RBI prohibiting it from accepting new customers in March 2022. The company is a joint venture between Paytm and its founder, Vijay Shekhar Sharma, who owns 51% of the company.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
