Paytm Payments Bank Limited has reconstituted its Board of Directors by appointing Ex-Central Bank of India Chairman Shri Srinivasan Sridhar, former IAS Shri Debendranath Sarangi, former Executive Director of Bank of Baroda Shri Ashok Kumar Garg, and retired IAS Smt Rajni Sekhri Sibal as Independent Directors; Vijay Shekhar Sharma has resigned from the Board.