First CEO of the Paytm Bank

Paytm to launch payments bank on 23 May, Renu Satti to take over as CEO

Question- Who has been appointed as the first CEO of the Paytm Payment Bank Ltd.?
(a) Renuka Chowdhury
(b) Shiksha Sharma
(c) Renu Satti
(d) Renuka Sharma
Ans :(c)
Related facts:-

  • On May 17, 2017, Renu Satti was appointed as the first Chief Executive Officer (CEO) of Paytm Payment Bank Ltd.
  • Reserve Bank of India has approved her name as CEO.
  • Paytm Payment Bank Ltd. got license from RBI and it started from May 23, 2017.
  • Vijay Shekhar Sharma is the founder of Paytm Wallet’s company One -97 Communications for digital transactions.
  • Paytm will transfer the entire business of its wallet to the payment bank.
  • Paytm payment Bank can accept deposits up to Rs 1 lakh per account from individuals and small businessmen.

Related Links:-
http://indiatoday.intoday.in/story/paytm-to-start-payments-bank-from-may-23-renu-satti-to-be-ceo/1/956269.html
http://www.livemint.com/Companies/oqjQhSMwWNlO9hCgKqrCoL/Paytm-to-start-payments-bank-operations-from-23-May.html