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“In line with our on-going conversations, due to personal reasons, I will be unable to continue as President & COO and am resigning effective close of business hours 31st May 2024 and request to be relieved accordingly,” said Gupta via an email to Paytm’s MD and CEO Vijay Shekhar Sharma.
In two days, the company’s market capitalisation eroded by Rs 17,378.41 crore to Rs 30,931.59 crore
India's leading digital payments and financial services company Paytm has reiterated its compliance with the market regulator Securities and Exchange Board of India (SEBI) norms while replying to the observations of proxy firms.
RBI moratorium on Paytm Payments Bank expected to be resolved in 3-5 months: CFO - The Paytm Payments Bank is working with the Reserve Bank of India to complete the IT audit and address the regulator's concerns.
Paytm Chairman and CEO Vijay Shekhar Sharma during an earnings call with analysts in the US said the company is seeing scale in system deployment and non-UPI revenue