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Paytm partnered with Shriram Finance

Published on July 01, 2023
Current Context: Paytm and Shriram Finance have announced a strategic collaboration to offer financial services to Paytm users, including loan products.
Paytm partnered with Shriram Finance
  • The partnership aims to drive credit inclusion and expand access to credit for small merchants and consumers, especially in rural and semi-urban areas.
  • Paytm will leverage its technology infrastructure and fintech leadership as a loan service provider (LSP) to digitally distribute Shriram Finance’s products on its platform.
  • Shriram Finance will leverage its lending expertise and wide geographical presence as the largest retail NBFC in India to offer a range of loan products to Paytm users.

Question:

Q.1 What is the name of the NBFC that Paytm has partnered with to offer financial services to its users?
a. Shriram Finance Limited
b. Bajaj Finance Limited
c. Muthoot Finance Limited
d. Mahindra Finance Limited

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