Deal● Neutral for Physicswallah
PhysicsWallah To Sell ₹96 Cr Loan Portfolio To Auxilo Amid Lending Retreat
The brief
- FinZ Finance agreed to sell a ₹95.79 Cr loan portfolio to Auxilo Finserve
- The sale marks a lending retreat at PhysicsWallah and shifts the portfolio to Auxilo Finserve
PhysicsWallah shares jump 4% on plans to partially close lending operations
Monday, 5 October
- PhysicsWallah To Sell ₹96 Cr Loan Portfolio To Auxilo Amid Lending Retreat