Paytm annualised loan disbursal run rate rises 17% in Sept

Digital financial services firm One97 Communications, which operates under the Paytm brand name, on Monday posted around 17% increase in its annualised run rate of loan disbursals to around Rs 34,000 crore for September, compared with Rs 29,000 crore in August.

The Noida-based company’s average monthly transaction user (MTU) for the quarter ended September 2022 jumped 7% on a quarter-on-quarter (q-o-q) basis to 80 million, its filings with the BSE showed.