Competitors and other startups are eyeing talent within Paytm amid its current challenges. However, the company s reputation for offering salaries well above industry norms means that many potential candidates are being priced out of the talent market. Industry insiders and executives from recruitment services and search firms have noted that Paytm s generous compensation packages are difficult for other companies to match.
Last week, the Reserve Bank of India barred the institution from any further deposit or credit transaction in customer accounts, wallets or cards after Feb. 29. It is reported that the bank’s license will be scrapped, maybe as early as next month.
India Business News: Paytm's competitors in the fintech industry are actively seeking to hire tech and sales professionals from Paytm, capitalizing on the central bank's c