Digital payments and financial services player Paytm's clocked an annualised run rate for the loan distribution business at Rs 39,000 crore ($4.8 billion.) in November, the firm said in a stock exchange filing on Monday. The value of loans…

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Technology

Paytm on path to profit, says CEO, as loan disbursal grows 387% in Oct

Bhupender Saini Nov 14, 2022

The value of Paytm's loan disbursals grew 387% year-on-year (YoY) to Rs 3,056 crore in October, while the number of loans disbursed grew 161% YoY to 3.4 million, the digital payments firm said in a filing with India’s stock exchanges on…

Economy