MoneyWorks4Me

One 97 Communications records over 5-fold jump in value of loans disbursed in October

22 Nov 2021 Evaluate

One 97 Communications' (Paytm) value of loans disbursed has recorded 5-fold jump to Rs 6.3 billion in October 2021 as compared to Rs 1.2 billion in October 2020. The October 2021 month saw continued increase in adoption across different financial services products. The lending business continued to show very strong growth as a result of rapid scale-up of all of lending products, including Postpaid, consumer loans and merchant loans.

One 97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.

Peers
Company Name CMP
One97 Communications 1731.10
AvenuesAI 15.69
Billionbrains Garage 197.55
Pine Labs 193.70
Seshaasai Tech. 360.20
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