Current Affairs

Paytm Payments Bank Appoints Sudhanshu Jain as CFO

Paytm Payments Bank has roped in ICICI Bank executive Sudhanshu Jain as its Chief Financial Officer.


  • He worked as an assistant general manager and head of borrowing at the foreign exchange desk at ICICI Bank for 11 years.
  • At Paytm, Jain will oversee all financial and regulatory management functions for the Paytm Payments Bank and oversee its finances and expansion plans.

About Paytm Payment Bank

  • In 2015 Paytm received a license from Reserve Bank of India to start one of India's first payments banks, called "Paytm Payments Bank Limited"
  • It launched operations on May 23, 2017. 
  • From August 31, 2017, the services of the bank were open to everyone through Paytm Android and iOS app. 
  • The founder of Paytm Payment Bank is Vijay Shekhar Sharma

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Paytm Payments Bank Appoints Sudhanshu Jain as CFO Paytm Payments Bank Appoints Sudhanshu Jain as CFO Reviewed by insiya yadav on November 02, 2017 Rating: 5

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