Paytm Payment Bank
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Expansion
India’s banking sector is rapidly moving towards digitalisation. The use of paper in banks is gradually decreasing. Amidst this growth journey of India, Paytm Payments Bank is also improving itself. For this, the bank is strengthening its leadership by engaging itself with experienced people from the banking and financial services industry. According to sources, Paytm Post Payment Bank has entrusted one more big responsibility to Deepender Singh Rathore in addition to the Chief Product and Technology Officer in this sequence. The bank has appointed him as interim chief executive officer (CEO).
Former IRS officer also got important responsibility
Sources said that Satish Gupta, who is the CEO of the bank, is due to retire in October. After getting regulatory approval, it will announce the name of the new full-time CEO. Further, strengthening its team in a big way, Paytm Post Payments Bank has appointed former IRS officer Sunil Chander Sharma as Chief Operating Officer (COO). As COO, he will oversee customer support, retail operations, legal and law enforcement agencies (LEAs) and human resources and administration functions.
Focus on bringing in better technology-driven banking
Speaking on the occasion, a Paytm Payments Bank spokesperson said, “We are focused on bringing in better technology-driven banking to promote financial inclusion. He further added that we are excited to strengthen our team for continued growth and betterment. He added that Paytm Payments Bank is committed to creating a massive impact with compliance and operational excellence.