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Why RBI's credit risk weightage move could be a setback for Paytm

Anand J   •

The recent RBI move to rein in the growth of unsecured personal loans is a setback for Paytm, which has seen its high-margin financial services revenue grow at 64 percent, even helping the company reduce its losses substantially.

There is more than emotion at stake for Paytm founder Vijay Shekhar Sharma, who had said that no more ESOP would vest for him until the share price goes past the IPO price

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