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Paytm Payments Bank Appoints Arun Kumar Bansal As Md and CEO

PRIVATEJul 15, 2024almost 2 years ago

Position

Chief Executive Officer

Company

Paytm Payments Bank

Arun Kumar Bansal
NoidaFinancial ServicesFinanceFintechLendingBanking

Description

Arun Kumar Bansal, a former executive at IDBI Bank, has been appointed as the new Managing Director and Chief Executive Officer of Paytm Payments Bank. This appointment follows the resignation of former MD and CEO, Surinder Chawla, and subsequent senior-level exits.

Company Information

Company

Paytm Payments Bank

Location

Noida, Uttar Pradesh, India

About

Paytm Payments Bank is India’s mobile-first bank with zero balance-zero digital transaction charge accounts. Owned and governed solely by Indians, Paytm Payments Bank was launched on May 23, 2017. Vijay Shekhar Sharma owns majority stake in the company, with the remaining share owned by Indian firm One97 Communications Ltd. Paytm Payments Bank is building India’s first world class digital bank with a mission and commitment to serve to all underbanked and underserved indians. We will bring half-a-billion Indians to mainstream economy.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.