The Hindu·3 min read·medium

Former SBI Chief GM to liquidate Paytm Payments Bank Ltd.

T
The Hindu Bureau
Former SBI Chief GM to liquidate Paytm Payments Bank Ltd.
AI Summary

The Delhi High Court has appointed Girikumar M. Nair as the official liquidator for Paytm Payments Bank following the cancellation of its banking license by the RBI. The bank was found to be in violation of regulations meant to protect depositor interests.

The Delhi High Court has appointed former SBI Chief General Manager (CGM) Girikumar M. Nair to liquidate Paytm Payments Bank after the Reserve Bank of India (RBI) cancelled its banking licence three months ago.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomy

Get the full story

Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.

Create free account

Already have an account? Sign in