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Vijay Shekhar Sharma steps down as Paytm Payments Bank chairman

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Image Credit: newsbytes

Paytm founder Vijay Shekhar Sharma on Monday resigned as a part-time non-executive chairman of Paytm Payments Bank Limited (PPBL). He stepped down from the board of the embattled payments bank in order to enable its reconstitution, reports said. One 97 Communications Limited (OCL), which owns Paytm, informed the stock exchanges of the development on Monday.