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Paytm announced a partnership with Shriram Finance Limited to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and drive financial inclusion in the country, Shriram Finance said in a press release.
We hope that the upcoming guidelines will be a mirror to the thoughts of the government to make sure that the sector is getting the necessary boost while maintaining high standards of responsibility and transparency, said Souparno Bagchi, COO, True Balance.
Poonawalla Fincorp Limited has entered digital consumption loans space through partnering with KrazyBee. Under the tie-up, Poonawalla Fincorp will offer small ticket personal loans to individuals.