Paytm Payment Bank (PPBL) an associate of Paytm has appointed of three independent directors. The board of the bank has approved the appointment of former DPIIT secretary Ramesh Abhishek, banking veteran of SBI Manju Agarwal, and banker Shinjini Kumar as independent directors.

As these directors bring decades of experience with them, they are expected to help the bank reach its goal in serving the unbanked and under- banked citizens of the country.

Vijay Shekhar Sharma, Chairman, Paytm Payments Bank says, “we are honoured to welcome experienced and accomplished individuals like Ramesh, Manju and Shinjini to our board. Paytm Payments Bank has championed financial inclusion in India with mobile-first technology. Under their guidance and mentorship, Paytm Payments Bank will accelerate and contribute at scale to our country’s mobile payments and banking services. I look forward to an enriching experience of working together.”

Paytm Payment Banks are one of the largest providers of digital payments which consists payment instruments like Paytm Wallet, Paytm FASTag, net banking and Paytm UPI.

Ramesh Abhishek, Director, Paytm Payment Bank says, “I am delighted to join the board of PPBL and become a part of its journey to bring digital and financial inclusion to half a billion Indians. I look forward to sharing my insights and guiding the bank in the pursuit of its ultimate goal of empowering Indian citizens with access to a formal banking network.”

Manju Agarwal has 34 years of experience and had theorized and launched YONO, a combination of SBI's Digital Bank, Financial Superstore and online marketplace. She also led SBI’s partnership with Reliance Industries to set up the Jio Payments Bank and also spearheaded the IMPS, BHIM UPI, Aadhaar Pay & Bharat QR launch for SBI.

Manju Agarwal, Director says, “Paytm Payments Bank has been instrumental in helping millions of Indians seamlessly open a bank account. I am glad to come on board and be part of their growth story. I am sure PPBL will continue to achieve new highs in digital banking going forward.”