Ex-HDFC MD Renu Karnad appointed chairperson and independent director of PayU

PayU Payments Pvt Ltd (PayU), the fintech arm of Global Consumer Internet Group Prosus, has appointed Renu Karnad, a director at HDFC Bank, as chairperson and independent director of the company.Karnad was managing director of mortgage lender HDFC till July 2023 before it got merged with HDFC Bank.