Paytm Payments Bank’s independent director resigned from the board following RBI order

New Delhi: Paytm Payments Bank independent director Manju Agarwal is learnt to have resigned from the board after an RBI order imposed restrictions on the bank’s operations.

According to a source, Agarwal resigned with effect from February 1.

“Paytm Payments Bank independent director Manju Agarwal has resigned from the company’s board after RBI order,” the source said.

An email query sent to PPBL did not elicit any reply.

The RBI on January 31 directed the Paytm Payments Bank to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.