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Paytm Payments Bank Appoints Arun Kumar Bansal as MD and CEO

PRIVATEJul 15, 2024

Position

Chief Executive Officer

Company

Paytm Payments Bank

Arun Kumar Bansal
arun.k@paytmbank.com
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.

Quick answer

Paytm Payments Bank Appoints Arun Kumar Bansal as MD and CEO (July 15, 2024). Paytm Payments Bank is based in Noida, Uttar Pradesh, India.

Who is the new Chief Executive Officer at Paytm Payments Bank?
Paytm Payments Bank named Arun Kumar Bansal Chief Executive Officer, announced July 15, 2024.
What did Paytm Payments Bank announce on July 15, 2024?
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.
What does Paytm Payments Bank do?
Paytm Payments Bank is India’s mobile-first bank with zero balance-zero digital transaction charge accounts.
Where is Paytm Payments Bank based?
Paytm Payments Bank is based in Noida, Uttar Pradesh, India.
Which similar companies made leadership changes around the same time?
Pepper Advantage (July 15, 2024), Webster Financial Corporation (July 16, 2024), MUFG Bank (July 12, 2024) and Freedom Holding Corp (July 11, 2024) also announced leadership changes within 45 days of Paytm Payments Bank.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Paytm Payments Bank, and when

A new leader at Paytm Payments Bank brings new priorities and often new vendors. The first weeks are when they listen.

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  • Who you already know at Paytm Payments Bank, from your own LinkedIn network

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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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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.