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Paytm to cut down on small-ticket loans after RBI tightens consumer lending norms, set to expand higher-ticket ones

Paytm is planning to expand its higher-ticket loans to lower-risk and high-credit-worthy customers

Amid concerns over delinquencies, public sector banks assure govt small loans not a systemic risk

An official said that the government has asked lenders to watch for any signs of incipient stress. "Almost all PSBs (public sector banks) have stated that in this segment there has been no spike in delinquencies and most borrowers have credit scores of 700 and above," he said, underscoring the stable asset quality of these loan accounts.

U S Small Business Administration Grants Funding Circle 7(a) SBLC License

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