Gaurav Gupta, a 35-year-old employee of Paytm Payments Bank Ltd., is said to have committed himself by hanging in Indore. Fear over maybe losing one’s job is said to be the apparent reason for the drastic measure.
Fear of Company Closure
Based on preliminary findings, it appears that Gaurav Gupta had been experiencing stress over the last few days due to his concern of the organization collapsing and the potential loss of his employment. Inspector Taresh Kumar Soni and the police are investigating the details surrounding the employee’s mental health.
No Suicide Note Found
No suicide note has been found at the location, according to the authorities. The mystery surrounding Gupta’s choice to take his own life is further complicated by the lack of a documented justification. To find out if there were any other reasons that led to the tragedy, officials are actively investigating the occurrence.
Enforcement Measures Against Paytm Payments Bank
Paytm Payments Bank has become the target of regulatory action from the Reserve Bank of India (RBI). Due to continuous significant supervisory concerns and sustained non-compliance, the RBI has stopped the financial institution from receiving deposits and credits from clients as of March 15
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