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HomeEconomyIndia's Paytm shifts focus to higher ticket loans

India’s Paytm shifts focus to higher ticket loans

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BENGALURU (Reuters) – Indian digital payments firm Paytm said on Wednesday that it will cut down on disbursing loans under 50,000 rupees and expand to higher ticket ones, weeks after the central bank tightened rules on consumer lending after a surge in demand.

(Reporting by Indranil Sarkar and Dimpal Gulwani in Bengaluru; Editing by Nivedita Bhattacharjee)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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