Paytm Funds Financial institution disaster: Amidst regulatory pressures, digital funds firm Paytm introduced on Monday that CEO Vijay Shekhar Sharma would step down from his roles as non-executive chairman and board member of its funds financial institution unit. This resolution is a part of a big board overhaul at Paytm…
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Vijay Shekhar Sharma steps down as Paytm Financial institution’s chairman
MUMBAI: Practically a month after RBI’s transfer to curb operations of Paytm Funds Financial institution, Vijay Shekhar Sharma, its founder and majority shareholder, has stepped down because the non-executive chairman of the financial institution’s board. Mum or dad firm One97 Communications’s nominee director Bhavesh Gupta too has give up the…
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Paytm’s Vijay Shekhar Sharma steps down from funds financial institution board |
NEW DELHI: Paytm founder Vijay Shekhar Sharma has resigned because the non-executive chairman and board member of Paytm Funds Financial institution Ltd (PPBL), the corporate stated on Monday, because it faces regulatory hurdles from the Reserve Financial institution of India (RBI).Sharma’s resolution comes after the RBI requested PPBL to cease…
