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Stock impact report

Indian Fintech Paytm Appoints New Executives as COO Resigns [Yahoo! Finance Canada]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
(Bloomberg) -- Paytm appointed new business executives as the troubled fintech firm's chief operating officer resigned. Most Read from Bloomberg COO and President Bhavesh Gupta is leaving due to personal reasons, Paytm's parent One 97 Communications Ltd. said in a Saturday statement. The Indian fintech giant named Rakesh Singh as the new chief executive officer of its wealth subsidiary, Paytm Money Ltd. He replaces Varun Sridhar, who will now be CEO of Paytm Services Pvt Ltd. and focus on the distribution of mutual funds and other wealth-management products. ADVERTISEMENT Billionaire founder Vijay Shekhar Sharma's Paytm is fighting to reinvent its business after its banking affiliate was wound down following regulatory curbs. It won approval to become a consumer digital-payments platform in March. Gupta, who oversaw the payments and lending business, will transition to an advisory role until the end of the year, according to the statement. Singh previously ran the stock b Show less Read more
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