Current Affairs - Awards and Honours - Discussion

Paytm Payments Bank has appointed Arun Kumar Bansal, a former executive at IDBI Bank, as its new Managing Director (MD) and Chief Executive Officer (CEO) following approval from the Reserve Bank of India (RBI). Bansal replaces Surinder Chawla, who retired in June. His appointment is part of a broader restructuring at Paytm Payments Bank, which has seen several senior-level changes and the induction of new independent directors to its board. Bansal's experience and previous roles position him well to lead the bank into its next phase of growth.