Paytm Payments Bank Crisis: Surinder Chawla Steps Down As MD & CEO
Surinder Chawla has stepped down as the MD and CEO of Paytm Payments Bank, with effect from June 26, according to a company statement.
“The company would like to update that it has been informed by its associate entity, Paytm Payments Bank Limited (PPBL) on April 8, 2024, at 5.23 pm, that Surinder Chawla, managing director and CEO of PPBL has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects,” One97 Communication, the owner of Paytm, said in a BSE filing on Tuesday.
He will be relieved from PPBL with effect from the close of business hours on June 26, 2024, unless changed by mutual consent, it added.
