Paytm dropped 20% on Thursday before recovering slightly after the Indian financial services firm announced plans to issue fewer personal loans under 50,000 Indian rupees ($600), a move that has already started to rattle many fintech investors. Shares of Paytm were trading at 678 Indian rupees, down from 812 Indian rupees Wednesday afternoon. It dropped […]
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Source : India’s Paytm slides 20% on curbing low-value personal loans
