Paytm in a quagmire as lending partners keep distance

Concerned after the Reserve Bank of India’s curbs on the fintech major’s payments bank arm, Indian non-bank lenders are now looking for alternatives to pivot away from Paytm for loan disbursal.

13 February, 20241 min
0
Paytm in a quagmire as lending partners keep distance

You may also like

Business
Story image

SBI Funds Management’s run-up to an IPO is too messy, too expensive

Low profitability, lagging metrics and a lack of succession planning are expected to weigh heavily on the proposed stock market debut of India’s largest asset management company.

Business
Story image

New complications for sovereign funds in the US

The American government proposed threatening tax tweaks, a local fintech raised a quarter of a billion dollars in seed money and open finance made a start.

Business
Story image

Anil Agarwal’s Hindustan Zinc hits the sweet spot

The silver rally has helped the primary cash generator of Agarwal’s mining empire return record numbers in Q3. Investors are pleased. But a few questions linger.