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Massive Layoff: Paytm Sacked Over 1,000 Employees In Cost-Cutting Measures

Massive Layoff: Paytm Sacked Over 1,000 Employees In Cost-Cutting Measures

New-delhi
Delhi
India
Massive-layoff
Paytm-sacked-over
Paytm-postpaid
Longhouse-consulting
Layoff
Unemployement
Ano-jobs
Paytm

nbfc credit: Unsecured loans in focus, fintechs see NBFC credit taps drying up

Large NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no longer provide capital for the highly risky buy-now-pay-later (BNPL) and very small ticket size consumer loans, according to the people cited above.

Lucknow
Uttar-pradesh
India
Poonawalla-fincorp
Prithvi-chandrasekhar
Postpe-bharatpe
Aditya-birla
Programme-in-fintech
Indian-school-of-business
Offering-college
Tech-prowess
High-value-skill

NBFCs: RBI policy on stability: Will not wait for house to catch fire

The Reserve Bank of India (RBI) has defended its recent regulatory measures for banks and non-banking finance companies (NBFCs), emphasizing its commitment to using prudential tools to safeguard financial stability. Governor Shaktikanta Das stated that the central bank will not wait for problems to escalate, likening it to waiting for a house to catch fire before taking action.

India
Shaktikanta-das
Suresh-ganapathy
Bhavesh-gupta
Reserve-bank
Governor-shaktikanta-das
Paytm-postpaid
Nbfcs
Paytm
Reserve-bank-of-india
Bnpl

Paytm shares tank 20% on small loan scale down; IT firms go for senior hires

Shares of Paytm tanked 20% in intraday trade Thursday after the payments major said it would take a cautionary approach towards small-ticket loans. This and more in todays ETtech Top 5.

India
Bharat
Mansi-jain
Pratyush-kumar
Bhavesh-gupta
Vivek-raghavan
Rajesh-jain
Markham-cho-erickson
Aditya-mishra
Sundar-pichai
Infosys
Bharat-founders-fund

Paytm dials down on low-value loans to focus on high-ticket lending

Paytm dials down on low-value loans to focus on high-ticket lending
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India
Bhavesh-gupta
Paytm-postpaid
Paytm-spokesperson
Reserve-bank

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