Paytm Payments Bank Officially Launched; CEO Vijay Shekhar Sharma Outlines Growth Path

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Paytm Payments Bank was formally launched by CEO Vijay Shekhar Sharma on Tuesday, even when the service was available to consumers with the latest update of the Paytm application. Paytm Payments Bank’s offline services also began with this formal announcement, complementing the online service. The event was attended by the Finance Minister, Arun Jaitley, and saw the CEO and founder of the company describe how the bank will grow, and shared some details about the progress made so far. To remember, the Paytm bank officially opened its services in May of this year.