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Friday, 8 December2023

Paytm Shares Drop 20% Amid Decision to Limit Low-Value Personal Loans

Paytm Shares Drop 20% Amid Decision to Limit Low-Value Personal Loans

Paytm witnesses a 20% decline in shares as the company announces plans to curtail low-value personal loans. The impact of this strategic decision on Paytm's market performance, shedding light on the reasons behind the move. The share price drop reflects investor sentiments and the market's response to Paytm's measures to optimize its lending portfolio in the competitive landscape of digital financial services.

Read full story at Economic Times

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