Deal●
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PhysicsWallah sells ₹95.8 cr loan portfolio, partially shuts lending ops
- PhysicsWallah sold a ₹95.8 cr loan portfolio to Auxilo Finserve
- The company plans to move lending activities to established third-party NBFCs
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Company
Auxilo Finserve● ±0% net tone today
Physicswallah −2.7% on Thu, 1 OctDeal●
PhysicsWallah To Sell ₹96 Cr Loan Portfolio To Auxilo Amid Lending Retreat
- 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