Back to basics: Fintech player Paytm's focus is payments and distribution

The firm seems to be returning to the drawing board, revisiting its business strategy, including its partnership with lenders

Paytm, the country’s leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders. Also, the company’s founder and chief executive officer (CEO) Vijay Shekhar Sharma has decided to oversee the day-to-day operations with all the major major verticals reporting directly to him now. ‘’The thing on top of everyone’s agenda is getting the core businesses back on track,” a person in the know said.

Paytm did not comment on the specific verticals Sharma is directly overseeing. His return to day-to-day operations comes after multiple senior-level exits in