Airtel Payments CEO resigns amid allegations of misuse of base

Shashi Arora, CEO and Managing Director of Airtel Payment Bank, has resigned from the post of allegations of misuse of Aadhaar number.

New Delhi: Shashi Arora, CEO and Managing Director of Airtel Payment Bank has resigned from the post of allegations of misuse of Aadhaar number.

On December 16, the Indian Unique Identification Authority (UIDAI) has temporarily suspended the company's E-KYC license in case of incorrect use of Aadhaar number. UIDAI suspended the lien for both Airtel and Airtel Payments Bank, but on Thursday the authority has approved E-KYC verification of Airtel by January 10 with certain conditions. But the E-KYC verification license of Payments Bank is suspended till now.

The company said, "Shashi was associated with Aurora Company in the role of leadership since 2006. He was very important for Airtel and he has made significant contribution in the development of the company."

"They strengthened the company's DTH business and laid the foundation stone of the Airtel payment bank," said the statement, now Shashi has decided to go ahead on the opportunities outside the company and we wish him good luck. "