Paytm appoints Bhavesh Gupta as Chief Executive Officer of lending business2Photo© hindustantimes.com

Paytm appoints Bhavesh Gupta as Chief Executive Officer of lending business

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Fintech major Paytm on Thursday said it has appointed Bhavesh Gupta as the chief executive officer of its lending business.

Gupta will develop and expand Paytm's lending services to strengthen the company's vision of financial inclusion for 500 million Indians, a statement said.

Under his leadership, the company will continue to simplify, innovate, and bring new credit products to millions of Indians and SMEs (Small and medium enterprises) in partnerships with other banks and NBFCs (non-banking financial companies), it added.