Paytm PB MD & CEO Surinder Chawla resigns due to personal reasons

Managing director (MD) and chief executive officer (CEO) of the beleaguered Paytm Payments Bank, Surinder Chawla, has resigned “on account of personal reasons”, the company said in a regulatory filing on Tuesday.

The company said the resignation would be effective from June 26 but did not name any potential successor to Chawla, who was appointed as the MD and CEO of the company in January 2023 after it received a nod from the Reserve Bank of India (RBI)