The firm's similar approach to its loan business got mixed reviews from brokerages, with Bernstein saying that a permanent shift to distribution-only loans would create "a much weaker model", as Paytm will be more of a loan distribution agent than a partner that adds more value as loan service provider.
The firm's similar approach to its loan business got mixed reviews from brokerages, with Bernstein saying that a permanent shift to distribution-only loans would create "a much weaker model", as Paytm will be more of a loan distribution agent than a partner that adds more value as loan service provider.
