 "paytm")
The value of loans disbursed by payments platform Paytm in the run-up to the festive season grew 482 per cent year-on-year (YoY) to Rs 7,313 crore ($894 million) in the second quarter ended September 2022 (Q2 FY23). The value was Rs 1,257 crore in Q2 FY22.
One 97 Communications Ltd, the company that runs Paytm, in a BSE filing said the number of loans disbursed grew 224 per cent YoY to 9.2 million in Q2. Paytm disbursed 2.84 million loans in the same quarter last financial year (Q2 FY22). Monday morning, the company’s share was trading 0.53 per cent up
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