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Embattled Paytm’s Vijay Shekhar Sharma steps down from payments bank board in wake of RBI crackdown

Indian digital payments firm Paytm said on Monday Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit, as the embattled company overhauls its board in the wake of a central bank clampdown.Paytm likely to partner with four banks for enabling UPI transactions, sources sayTroubledPaytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), two sources aware of the…

‘Rude & Disrespectful’: Passenger Claims Lufthansa Airlines Discriminates With Indians, Paytm CEO Reacts

Curated By: Sheen KachrooLast Updated: January 25, 2024, 19:37 ISTNew York, United States of America (USA)In a now-viral post, he highlights that both cabin crew and ground staff display offensive behavior when approached for help.(File photo for representation: Reuters)The user claims to be a New York resident, who visits his family in India, and alleges that attendants of the airlines are 'rude and disrespectful' to Indian passengersAs Indians are facing issues with several domestic airlines, it seems like the problem

Paytm CEO Vijay Shekhar Sharma bets on young wealth to hit profit sooner

Paytm plans to revamp its online wealth management services and hire more than 50,000 salespeople to get more merchants on its network, aiming to hit profitability sooner than targeted. Billionaire founder-CEO Vijay Shekhar Sharma is overhauling its suite of money management products to better tap growing wealth among younger users, who’re warmer to the idea of investing online. At the same time, it’s orchestrating a campaign to boost its salesforce more than 60% to try and sign up more merchants across smaller Indian…

paytm: Paytm CEO Vijay Shekhar Sharma on growing digital footprint in India: ‘People trust online transactions…’ – The…

Founder and CEO of Paytm, Vijay Shekhar Sharma emphasised on the growing digital footprint in India by saying that the people have started trusting online transactions. Speking to ANI, Vijay Shekhar Sharma said, “Formalisation of the economy is a big win for the nation. People are trusting online transactions more. We are reporting 50 per cent growth yearly.”He further added, “No matter where Indians go, they always look for Indian food, and I believe the best Indian food is made in India... I am not only a supporter but…

Paytm Investing to Build Artificial General Intelligence Software Stack: CEO Vijay Shekhar Sharma

Paytm is investing in Al to build Artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business. India can expect 500 million payment consumers and 100 million merchants "not very far in future", Sharma said, as he penned a letter to shareholders in the latest annual report of One97 Communications which owns the brand Paytm.Paytm, he…