HomeStock MarketPaytm Scales Down Postpaid Loan Business, To Focus On Big-Ticket Personal Loans

Paytm Scales Down Postpaid Loan Business, To Focus On Big-Ticket Personal Loans

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Paytm Scales Down Postpaid Loan Business, To Focus On Big-Ticket Personal Loans
  1. Paytm said it would cut its focus on small-ticket loans of less than INR 50K on the back of recent macro development and regulatory guidance
  2. However, the fintech giant rejected reports which said that its lending partner Aditya Birla Capital has pulled out of its partnership
  3. Paytm said it will further expand its business to offer high-ticket personal and merchant loans, which would be targeted at “lower-risk and high credit worthy customers
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