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Page 5 - One 97 Communications

Paytm hands over 1,000 pink slips; staff from lending business affected

The decision to dismiss these employees comes weeks after the fintech company announced it would reduce the disbursement of small-ticket-size loans as RBI tightened norms

Paytm hands over 1,000 pink slips; staff from lending business affected
Updated On : 25 Dec 2023 | 11:04 AM IST

Paytm lays off over 1,000 employees as part of cost-cutting measures

The fintech giant's parent company, One 97 Communications, is working towards reducing its staff expenses by 10-15% over the ongoing financial year

Paytm lays off over 1,000 employees as part of cost-cutting measures
Updated On : 25 Dec 2023 | 9:51 AM IST

Building AGI stack to shield against potential frauds, says Paytm CEO

The company said there are around 50 million merchants in India who use quick response (QR) codes for payments

Building AGI stack to shield against potential frauds, says Paytm CEO
Updated On : 12 Sep 2023 | 7:56 PM IST

Paytm disbursed loans worth Rs 5,517 crore in August, average MTU up 20%

In terms of the number of loans, in July and August, the company saw a 47 per cent jump from 6 million loans in 2022 to 8.8 million in 2023

Paytm disbursed loans worth Rs 5,517 crore in August, average MTU up 20%
Updated On : 05 Sep 2023 | 9:33 AM IST