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A month, after Paytm’s basic services were restricted under instructions from the Reserve Bank of India (RBI), Paytm Payments Bank managing director and chief executive officer Surinder Chawla, resigned from his post on Monday. The company hasn’t announced anyone who would be serving as the successor to Surinder Chawla’s position. Paytm became India’s leading Payments App, facilitating millions of users every day with numerous transactions and related services.

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