Vijay Shekhar Sharma resigns from Paytm Payments Bank’s board

Amid regulatory issues, Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma has resigned as the non-executive chairman and board member of Paytm Payments Bank.The payments bank has reconstituted its board and made four new appointments.The development comes following the imposition of curbs on the payments bank by the RBI for persistent non-compliance.