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Paytm to cut postpaid, sub-₹50,000 loan exposure
Credit: IndiaTimes- Published on December 6, 2023
One97, operating as Paytm, is reducing postpaid and small-ticket personal loans below Rs 50,000. Instead, the focus will be on bigger ticket personal loans and business loans. The decision comes after recent regulatory guidance and in consultation with lending partners. The shift in focus will result in a drop in monthly loan...