In his first-ever public engagement after the Paytm Payments Bank issue, fintech firm One97 Communications founder and CEO Vijay Shekhar Sharma on Tuesday acknowledged the crucial role of regulatory engagement and shared his vision to establish the company as a leader at the Asia level.

While speaking at an event in Japan, Sharma said that ambiguity brings stress to the business. "Things become very big and systemically important, very fast. We have been able to very happily see our regulator engage," Sharma said.