🚀 Major Move! Vijay Shekhar Sharma steps down as non-executive chairman & board member of Paytm Payments Bank's unit. A significant reshuffle is on the horizon. What's next for the digital payments giant? Stay tuned. 💼📱

#Paytm #PaytmPaymentsBank #PaytmBank #VijayShekharSharma

India takes action against Paytm Bank due to data flow concerns. #India #PaytmBank #DataSecurity https://us.technoholic.me/wd6A7Eb
Paytm Bank Closed After RBI Had Warned of Dealings, Data Flow Problems for Years

India’s banking regulator stunned the finance and tech industries by abruptly suspending much of digital giant Paytm’s business late Wednesday. But the surprise move came only after the watchdog had warned the fintech pioneer repeatedly in the past two years about questionable dealings between its popular payments app and its lesser-known banking arm.

Bloomberg