How Paisabazaar is spoiling PB Fintech’s profitability party
Things were going really well for Paisabazaar, until the Reserve Bank of India stepped in and hit it where it hurts. The RBI told banks to clamp down on the unsecured loan segment – which happens to be Paisabazaar’s bread and butter. The regulator has discouraged lenders from small-ticket collateral free loans. And of…
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