CURRENT AFFAIRS

Detailed explanation-1: -Surinder Chawla as its new Managing Director (MD) and Chief Executive Officer (CEO). The appointment has been approved by the Reserve Bank of India for a period of three years.

Detailed explanation-2: -Chawla will replace Paytm Payments Bank CEO Satish Kumar Gupta, who retires in October 2022, with Deepender Singh Rathore serving as the interim CEO.

Detailed explanation-3: -Who has been elected as Paytm Payments Services Ltd.’s (PPSL) new CEO? Notes: Paytm’s parent One97 Communications has appointed Nakul Jain as the CEO of Paytm Payments Services Ltd (PPSL).

Detailed explanation-4: -Paytm Payments Bank has appointed Surinder Chawla as managing director and CEO, Paytm’s parent entity One 97 Communications said in a regulatory filing on Sunday. He replaces Deependra Singh Rathore, who was made interim CEO after Satish Kumar Gupta retired in October 2022.

Detailed explanation-5: -The parent company of Paytm, One 97 Communications, announced that the Reserve Bank of India (RBI) has approved the appointment of veteran banker Surinder Chawla as the new Managing Director and Chief Executive Officer of PPBL for three years.