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Paytm restarts lending services with SMFG India Credit, Shriram Finance; talks on with Muthoot Finance: Report

The move comes almost 15 days after its banking arm, Paytm Payments Bank Limited (PPBL), was barred by the Reserve Bank of India from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, FASTags and NCMC card after March 15, 2024, owing to persistent non-compliances and material. ....

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Paytm shares fall 19% on plans to scale down loans under Rs 50,000

The share price hit the lower circuit of 20 per cent after it touched Rs 650.65 apiece. ....

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Embassy 247: SMFG India Credit expands presence with strategic office lease at Embassy 247 in Mumbai

Sumitomo Mitsui Financial Group s Indian subsidiary, SMFG India Credit, has signed a lease agreement for 194,000 square feet of office space in Mumbai. This move is part of SMFG s growth plans in India and will allow the company to consolidate its offices in Powai and Andheri into a single location. The office space, located at Embassy 247, will house over 2,000 employees and offer state-of-the-art infrastructure and amenities. ....

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smfg india credit: SMFG India Credit appoints Gaurav Terdal as chief human resources officer

Gaurav Terdal has been appointed as the Chief Human Resources Officer (CHRO) of SMFG India Credit. With over 19 years of experience in various HR domains, Terdal will be responsible for driving success through strategic HR leadership. Terdal has worked with SMFG India Credit for 9 years and holds a postgraduate degree from XLRI, Jamshedpur. ....

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Swaminathan Subramanian: SMFG India Credit elevates Swaminathan Subramanian as chief operating officer

Swaminathan Subramanian has been appointed as the new Chief Operating Officer (COO) of SMFG India Credit. In his new role, Swami will be responsible for managing operations, technology, legal, human resources, and CSR. He previously served as the company s Chief People Officer (CPO), where he played a significant role in the company s transformation. ....

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