Live Breaking News & Updates on Chief Executive Officer Vijay Shekhar Sharma

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Paytm's UPI market share continues to slide after RBI crackdown

Paytm accounted for 8.1% of total UPI transactions in May, down from 13% in January, according to data released by the National Payments Corporation of India. ....

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Paytm Denies Media Report of Adani's Interest in Buying a Stake

Paytm Denies Media Report of Adani's Interest in Buying a Stake
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RBI MPC on Paytm: Gave enough time to rectify the situation; took action due to continued non-compliance

Last week, the Reserve Bank of India (RBI) issued a directive to Paytm Payments Bank, prohibiting it from accepting new deposits starting February 29, 2024. ....

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Paytm's Vijay Shekhar Sharma Seeks Support From Finance Minister — Exclusive

Paytm's founder and chief executive Vijay Shekhar Sharma met Finance Minister Nirmala Sitharaman on Tuesday, according to people in the know.

Sharma sough support from the Ministry of Finance with regards to the recent clampdown on Paytm Payments Bank by the Reserve Bank of India and its impact on the fintech industry, the people said.

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Paytm's Vijay Shekhar Sharma May Not Be Eligible For Stock Options: Report

Paytm may be circumventing regulation to grant employee stock options to founder and Chief Executive Officer Vijay Shekhar Sharma, according to proxy advisory firm Institutional Investor Advisory Services. ....

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