Paytm forms an advisory panel to address compliance and regulatory matters. The panel, chaired by M Damodaran, will work closely with Paytm's board. Paytm Payments Bank faces regulatory challenges and the stock value of its parent company, One97 Communications Ltd, declines.
Paytm will form an advisory committee on compliance and regulatory matters, the payments firm said on Friday, a week after India's central bank ordered its banking affiliate to wind down.