Paytm COO Bhavesh Gupta quits; company rejigs senior management

New Delhi, 4/5:  Paytm’s parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday

Gupta was steering the lending business, online and offline payments, and compliances, among others, at Paytm. Verticals, headed by him, were adversely impacted by the RBI’s ban on Paytm Payments Bank (PPBL) from carrying on new transactions.