Friday, March 29

Paytm Appoints Ex-RBI Deputy Governor R Gandhi As Advisor

The leading Indian digital payment platform Paytm which is owned by One97 Communications has appointed Rama Subramaniam Gandhi as an advisor to the company. He will be primarily advising the corporate on fee techniques, company governance, compliance and regulations.

Gandhi has been the former Deputy Governor of the Reserve Bank of India between 2014 and 2017 working under both Raghuram Rajan and Urjit Patel. The career central banker was a part of the first monetary policy committee.

Gandhi, in this regard, said, I have dedicated my whole life to formulate policy and strengthen institutions in the financial services space. I will be happy to share my insights and guide Paytm in the creation of innovative financial services.

Along with this, he has also held a place as the head of two regional offices of the Reserve Bank and was in charge as the Director of the Institute for Development and Research in Banking Technology. The experiences of Gandhi are sure to take the digital payments giant to some next level.

Vijay Shekhar Sharma, Founder and CEO of Paytm, said, “Since the beginning of our journey, we have focused on building an organization that has the culture and the resources of serving our customers responsibly.”

The digital payment company is nowadays making every possible effort to keep it ahead in the race of the ever merging digital market and to give a good fight to its rivals. The recent acquisitions and appointments are expected to be favorable for the company in the coming years.