Arvind Kumar Jain News Today

Paytm founder Vijay Shekhar Sharma wanted to remove ‘Paytm from its name to quell mounting regulatory and compliance pressures on the fintech firm. However, did not carry out his plan and remains on the board of Paytm Payments Bank.

Learn about Vijay Shekhar Sharma's plan to remove 'Paytm' from Paytm Payments Bank to address regulatory and compliance pressures. Find out why the proposal was not formally presented and why Sharma remained on the board.

Paytm founder Vijay Shekhar Sharma and PPBL managing director and chief, Surinder Chawla, are also members of the Noida-based payments bank board. PPBL faced regulatory issues after being barred by the RBI from accepting deposits or providing banking services after February 29.

Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments banks board in December, we have learnt. Manju Agarwal, former deputy managing director at State Bank of India, has also quit.

GLOBAL PR CONNECT (GPRC)

On occasion, Malimat urged the legal fraternity for resolving all types of disputes, including family as well as commercial disputes

A special exemption is being given by all the banks in the settlement fee in cases of check bounce and in cases of bank recovery according to the circumstances of the case

Bureaucrats are scrambling for a constant flow of feedback to know which way the wind is blowing as the Assembly election nears. Every time a new party comes to power, many officials are shunted out from "sensitive posts."