Chennai: One97 Communications Limited (OCL) that owns Paytm, has shared its business updates for January, 2022.
‘Number of loans disbursed through our platform grew 331 per cent y-o-y to 1.9 million loans in January 2022, while the value of loans disbursed was Rs 921 crore, an increase of 334 per cent y-o-y. The business saw increased adoption of our lending products, despite some temporary impact of Omicron over a short period of time on merchant lending disbursal volumes,’ it said.