The industry has largely cheered the RBI’s move to allow credit cards to be linked to UPI, but actually getting it done will take a lot more thought.
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Backed by heavyweight fintechs, the Bengaluru-based digital infrastructure firm has had a head start in a crowded sector. But how is it planning to grow further?
A crash in lending saw the fintech end the financial year in the red. But its payments business is going strong, and the worst may be over in the loans business.
A breakdown of the recent numbers suggests that the Policybazaar parent may face a slowdown in the years ahead.