Who is Vijay Shekhar Sharma: Recently trending on Google search
- Vijay Shekhar Sharma
- Born 15 July 1978 (Age 45)
- Aligarh, Uttar Pradesh, India
- Nationality Indian
- Place of Education Delhi College of Engineering
- Profession Founder and CEO of Paytm
- Spouse Mridula Sharma
Table of Contents
Who is Vijay Shekhar Sharma : What is the highest salary in Paytm?
What is the highest salary in Paytm? The highest paying job in Paytm is Associate Vice President of Product Management, with a salary of ₹99.6 lakh per year. The top 10% of employees earn more than ₹27.35 lakh per year. The top 1% earn more than ₹75.14 lakh per year.
Who is Vijay Shekhar Sharma : What is the future of Paytm?
The future of Paytm Payments Bank Limited (PPBL) remains uncertain as the Reserve Bank of India (RBI) has invoked Section 35A of the Banking Regulation (BR) Act to address persistent non-compliance and supervisory concerns within the institution.
What went wrong for Paytm? : Who is Vijay Shekhar Sharma
Red flags began to appear, according to the RBI: PPBL failed to keep an eye on payment transactions or do risk assessments on the companies using its services. The end-of-day balance regulatory limit in customer advance accounts was frequently broken.
The Reserve Bank of India (RBI) has intervened on behalf of Paytm Payments Bank, which is facing difficulties in 2024. Media sources state that the RBI has discovered anomalies in Paytm’s know-your-customer (KYC) and money laundering processes.
Who is Vijay Shekhar Sharma : Many services of Paytm will be closed from 29th February
A few months ago, RBI had alerted the Enforcement Directorate (ED) about this breach in Paytm. But Paytm continued to violate the rules. Now RBI has announced a ban on Paytm Payment Bank.
Many services of Paytm will be closed from 29th February. Paytm has about a 17 per cent share in the payment market.
In this case, a sizable portion of the population has been impacted by the RBI restriction. The RBI’s move has impacted millions of users.
Many individuals are still confused about it. The Paytm shares have been impacted by this RBI action as well.
Paytm shares keep coming into contact with fewer circuits. Even now, Paytm shares are down 10% and trading around the lower circuit of Rs 438.50. Shares are being heavily sold by investors.
Paytm Transfers Put Bank in Danger 2024: Why was the Paytm Payment Bank targeted by legal action?
Who is Vijay Shekhar Sharma : RBI’s regulations apply to Paytm Payments Bank
When Paytm Payments Bank runs into issues in 2024, this service will still be available.
All of the RBI’s regulations apply to Paytm Payments Bank. Paytm (including Paytm QR, Insurance, Loan Disbursement, Soundbox, and Card Machine, among others) won’t be impacted as a result. This will have an impact on all firms associated with Payments Bank.. Customers who use Fast Tag or have current and savings accounts with Paytm will also be able to use this feature. After February 29, Paytm’s services will all function as usual.
