Explore the latest news, in-depth reports, and executive analysis tagged with #Personal Loans.
The matter relates to Paytm’s December 6, 2023 announcement that it would reduce the distribution of personal loans below Rs 50,000, particularly its postpaid loans.
The average sanctioned ticket size during the April-December period was Rs 15,493.
However, quarter-on-quarter sanction value declined by 15% in Q3 FY24-25 compared to Q2 FY24-25.
While the portfolio outstanding in PL category has grown Rs 12.1 lakh crore in H1 FY24 to Rs 13.7 lakh crore between April-September 2024 period.
