look news india
Paytm founder has resigned from the post of Chairman of Paytm Payments Bank. In such a situation, this is a big blow for Paytm. How will an already struggling company move forward? Meanwhile a big question has arisen. After the resignation of Vijay Shekhar Sharma, what will be the next plan of the company, how will Paytm come out of this trouble, this question is in everyone's mind. Following the resignation of Paytm Payments Bank founder Vijay Shekhar Sharma, Paytm Payments Bank (PPBL) has decided to reconstitute its board of directors. Paytm Payments Bank Ltd (PPBL) has reconstituted its board of directors with the appointment of a former chairman of the Central Bank of India, Paytm parent company One97 Communications Ltd (OCL) said. Srinivasan Sridhar.
What is the company's plan now?
Whenever the chairman of a company resigns, a new board is formed. In such a situation, the new board gets the authority to take decisions for the company. PPBL will also constitute a new board for future policies. Besides, the future business will also be looked after by the newly formed board. The newly formed board may consider bailing out Paytm from its troubles. At the same time, due to the deadline of March 15, Paytm Payments can take a decision in favor of the bank. The new board may join the bank to continue its services after March 15. For which Paytm is currently in contact with 4-5 banks.
a digital payments firm
Vijay Shekhar Sharma has resigned from the post of part-time non-executive chairman of Paytm Payments Bank. Retired IAS officer Debendranath Sarangi, former Bank of Baroda executive director Ashok Kumar Garg and retired IAS Rajni Shekhari Sibal have been included in the newly formed board. He recently joined the bank as an independent director.