Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
March 19, Monday 2018 6:24 AM       

       HEADLINES: Must inform about LD Clerk vacancies ASAP: Pinarayi                                              DYFI members get hacked in Chengannur                                              Kerala Congress(M) would stay away from RS polls: K M Mani                                              Chengannur bypoll result will be decided by unbiased politics: Kummanam                                              Summer rains come as a relief to scorching heat, to continue for three more days                                              KCR to meet Mamata over alternative front                                              Demonetisation was a big lie: Chidambaram                                              BJP messed up economy: Manmohan Singh                                              Russian presidential elections result to be out Monday                                              Russia expels 23 British diplomats                                              10 dead after plane crashes into house in Philippines                                              PyeongChang Paralympics to conclude Sunday                                              Nidahas Trophy: Upbeat India to take on B'desh in final                                              Nidahas Trophy: Rahman helps B’desh post 166/8 against India                                              Aussies beat Indian eves by 97 runs to clean sweep series                                              Roger Federer makes it to Indian Wells finals                                              Kaumudi Facebook
       BUSINESS Next Article: Air India launches direct Amritsar-Nanded flight  
       Airtel Payments Bank head Shashi Arora steps down
         Posted on :23:02:24 Dec 23, 2017
       Last edited on:23:02:24 Dec 23, 2017
         Tags: Airtel Payments Bank, Shashi Arora steps down

New Delhi: In the wake of the Unique Identification Authority of India (UIDAI) temporarily suspending Aadhaar-related e-KYC verification by Bharti Airtel, Airtel Payments Bank Managing Director and CEO Shashi Arora stepped down from his position.

According to reports, the company in a statement clarified that Shashi was not sacked, adding that he would be pursuing opportunities outside of Airtel. The firm also lauded his contribution and commitment during his stint at Airtel.

Prior to his role as MD and CEO of Airtel Payments Bank, Shashi served as the CEO of Airtel DTH, prior to which he was CEO of Upper North and Delhi telecom circles of Bharti Airtel Ltd.

Arora also served as the Group Marketing Head for Kotak Mahindra Bank handling marketing, brand advertising and PR for all Group Companies including the Bank, MF, Insurance and Securities business.

No official response has been received from the outgoing head.

On a related note, the UIDAI had temporarily prohibited the telecom giant from carrying out Aadhaar-based SIM verification of its customers using e-KYC process.

The decision comes in the wake of accusations and complaints of Bharti Airtel allegedly using the aforementioned verification process to open payments bank accounts of its customers without their knowledge or consent.

It was reported that over 20 lakh customers had received enormous amounts of money in their Airtel bank accounts, which were allegedly operational without their knowledge.

However, the Aadhaar governing body on Thursday reportedly permitted Bharti Airtel to use Aadhaar for re-verification of its mobile customers till January 10. It however clarified that the eKYC licence of Airtel Payments Bank would remain suspended till final enquiry is completed and audit report screened.

Next Article: Air India launches direct Amritsar-Nanded flight
India lacks flexing power despite high imports: ASSOCHAM  
Demonetised notes are being shredded, briquetted: RBI  
Delhi holds first exhibition of International Jewellery Brand Chemmanur's Diamonds Collection  
RBI issues corrective framework for PSBs  
Verka exhibits its product range at Krishi Unnati Mela 2018  
Sensex dives 510 pts on political concerns; extends losses for 4th day  
Sebi slaps Rs 12 L fine on merchant banker in Onelife Capital IPO case  
Now there is a marketplace to buy and sell pre-owned taxis in India  
Tata group Chief Ethics Officer Mukund Rajan quits  
Gold softens on muted demand, global cues  
Wholesale inflation eases to 2.48% in Feb'18  
Sensex down 150 pts, Nifty slips below 10,400  
SBI reduces charges on non-maintenance of minimum balance  
Regulations should not impact pace of innovation: Google  
No Nirav Modi firm in the list of 2.26 lakh deregistered cos: Govt  
Paytm to be official umpire partner for IPL 2018  
Sensex zooms the most in two yrs, Nifty above 10,400 on global relief rally  
Sensex rallies 301 pts ahead of IIP, inflation data  
Nirmala Sitharaman invites private sector in Defence  
Alstom completes all-electric ‘Make in India’ locomotive, announces €75 million contract  
Limit collateral damage from bank frauds: ASSOCHAM  
Handy tips for women before joining a new job  
Nearly 17cr Aadhaar cards linked with PAN: Centre  
GST Council likely to simplify tax returns  
RBI imposes Rs. 5 cr penalty on Airtel Payments Bank  
Do you think controversies are now being used as business tools?
don't opinion
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy