Paytm’s average monthly transactions jump 20% YoY, loan disbursement up 137%

It also reported a 137% YoY jump in its loan distribution business where the payment platform disbursed loans worth Rs 10,710 crore in July and August. The loan amount disbursed in August stood at Rs 5,517 crore. In terms of numbers, 88 lakh loans were disbursed in the two months of the ongoing quarter, up 47% YoY, Paytm said.

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