Posted in Fintech
Paytm Shares Drop 20% as Company Shifts Focus Away from Small Loans
Three points you will get to know in this article: The shares of One97 Communications Ltd, the parent company of leading fintech player Paytm, faced a 20% downward lock at INR 650.65 on Thursday (December 7). This downturn came in response to the company’s decision to shift its focus away from smaller loans, specifically those below INR 50,000, which primarily…