She said, "I am not going to play spoilsport, but it is a matter of truth that the February 1, 2024, budget will just be a vote on account because we will be in election mode. Here's how Union Budget 2024 can help. Are these changes happening because the markets in India started to consolidate ahead of the union budget 2024, or are investors cutting bets on equities due to lower expectations of interest rate cuts? After RBI's crackdown over the Buy Now Pay Later lending segment, Paytm had to rejig its lending portfolio and lean more on merchant and high-ticket personal loans. The total number of loans disbursed by Paytm in the December-ended quarter fell to 1.14 crore loans from 1.32 crore loans in the previous sequential September 2023 --ended quarter.
Source: Forbes January 27, 2024 23:47 UTC