Paytm

Paytm Shares Dip by Almost 3% Following Resignation of Payments Bank Chief

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PayTM

Today (April 10), Paytm witnessed a decline of almost 3% in its share price following the announcement of Surinder Chawla’s resignation as the Managing Director and Chief Executive Officer of Paytm Payments Bank. Chawla attributed personal reasons for his departure and specified that he would officially step down from his responsibilities on June 26. In … Read more

Paytm Payments Bank MD and CEO Surinder Chawla Steps Down

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Surinder Chawla

In a development signaling further turbulence for the embattled fintech giant Paytm, Surinder Chawla has tendered his resignation as the Chief Executive Officer of its banking arm, Paytm Payments Bank. Citing “personal reasons,” Chawla’s departure, effective from June 26, was confirmed by the company on Tuesday. However, Paytm refrained from disclosing any details regarding Chawla’s … Read more