Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
Break up or get dissolved
access_time 4 Nov 2024 4:01 AM GMT
Through oneness to autocracy
access_time 2 Nov 2024 4:58 AM GMT
In football too racism rules the roost
access_time 1 Nov 2024 4:26 AM GMT
The concerns raised by the census
access_time 31 Oct 2024 7:49 AM GMT
exit_to_app
Homechevron_rightIndiachevron_rightPaytm CEO Vijay Sharma...

Paytm CEO Vijay Sharma was arrested on rash driving: Police

text_fields
bookmark_border
Paytm CEO Vijay Sharma was arrested on rash driving: Police
cancel

New Delhi: Police informed that the CEO of the digital payment app Paytm, Vijay Shekhar Sharma, was arrested last month in a case of rash driving. He was later released on bail in the case, in which he drove a Jaguar Land Rover and hit the car of District Commissioner of Police, South Delhi, NDTV reported.

As per the case, Sharma's speeding car hit DCP Benita Mary Jaiker's at Mother International School on February 22. After the incident, Sharma reportedly fled the scene.

DCP's driver, constable Deepak Kumar was driving her car. He had noted down the Land Rover's registration and immediately informed the police. Initial investigation by the police found that the car was registered to a company in Gurugram. The employees in the company told police that the car belonged to Sharma.

Earlier this week, Paytm Payments Bank, promoted by Sharma, was asked by the Reserve Bank of India (RBI) not to open fresh accounts given the "material supervisory concerns" observed in the bank.

Paytm, the Indian multinational company launched in 2010, also do services relating to e-commerce and financial services. The company based in Noida has facilitated its app to be available in 11 Indian languages and offers services like mobile recharges, utility bill payments, travel, movies, and events bookings, as well as in-store payments at grocery stores, fruits and vegetable shops, restaurants, parking, tolls, pharmacies and educational institutions.

Show Full Article
TAGS:RBIPaytm Payment Bank
Next Story