Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent

The number of loans disbursed jumped 117 per cent in December 2022 as compared to December 2021

Paytm, India's digital payments and financial services company, saw a 330 per cent jump year-on-year (YoY) in loan disbursals in December 2022. According to a regulatory filing, it disbursed 3.7 million loans worth Rs 3,665 crore in December. The number of loans disbursed was up 117 per cent YoY. 

"The number of loans grew 117 per cent YoY to 3.7 million for December, and 137 per cent YoY to 10.5 million cumulative loans for the three months ended December 2022," it said in the filing. 

In the quarter ending December 2022, the loan value rose 357 per cent from Rs