Paytm disburses Rs 5,517cr loans in Aug, deploys 87L devices for offline payments

"Our loan distribution business (in partnership with our lender partners) continues to gain scale with disbursements of Rs 10,710 crore ($1.3 billion, y-o-y growth of 137 per cent) and 88 lakh loans (y-o-y growth of 47 per cent) disbursed in quarter to date for the month of July and August 2023 combined, through the Paytm platform," the company shared in its operating performance report for August. https://ift.tt/f91pSsH