News Karnataka
Sunday, April 28 2024
Business News

One97 Forms Advisory Committee Led By ex-SEBI Chairman

One97 Adv Com
Photo Credit : IANS

New Delhi: The Board of One97 Communications Limited, which owns the brand Paytm, has announced the formation of a group advisory committee chaired by former SEBI Chairman M. Damodaran to work with the Board in further strengthening compliance and regulatory matters.

The committee includes veteran professionals like M.M. Chitale, former President of the Institute of Chartered Accountants of India (ICAI), and a former Governing Council Member of the Banking Codes and Standards Board of India nominated by the RBI.

It also includes banking experts like R. Ramachandran, former Chairman and Managing Director of Andhra Bank.

The committee will work closely with the Board and induct additional members as necessary.

One97 Communications’ management is committed to driving sustainable business growth while adhering to a regulatory and compliance framework, the company said.

Read more:

EPFO Halts Paytm Payments Bank Claims Following RBI Crackdown

Paytm Merchants Not Impacted by RBI Directive

RBI Bars Paytm Payments Bank from Accepting Deposits After Feb 29

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