Paytm Payments Bank appoints Deependra Singh Rathore as the interim chief executive officer

Daily Current Affairs / Paytm Payments Bank appoints Deependra Singh Rathore as the interim chief executive officer

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Category : Appointment/Resignation Published on: October 19 2022

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The Paytm Payments Bank has appointed Deependra Singh Rathore as the interim chief executive officer (CEO), in addition to his role as chief product & technology officer.
Satish Gupta, who was the bank's CEO, is set to retire in October.
Prime Minister Narendra Modi on Sunday launched 75 digital banking units across states and this means the more banking units the country has, the more transactions will take place.
Paytm Payments Bank (PPBL) is an Indian payments bank, founded in 2015 and headquartered in Noida. In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. In 2021, the bank received a scheduled bank status from the RBI.