Paytm sees 418% increase in value of loans disbursed in Oct; to declare Jul-Sep results on Nov 27

Paytm sees 418% increase in value of loans disbursed in Oct; to declare Jul-Sep results on Nov 27

Financial services firm Paytm on Sunday said it saw a 418 per cent year-on-year (YoY) increase in value of loans disbursed through it in October at Rs 627 crore, while the number of loans disbursed grew 472 per cent YoY to 13 lakh. The recently-listed company also said that its board will meet on November 27 to consider and approve the financial results for the quarter and half year ended September 30, 2021.