RBI’s new guidelines on digital lending eliminate a significant regulatory burden from Paytm and are consistent with the fintech giant’s financial services business practises, according to Brokerage Goldman Sachs.
According to Goldman Sachs, “we expect these rules should have little to no impact on Paytm’s business/monetization model, and should help remove one of the biggest overhangs on the company.” Additionally, it stated that other significant recent regulatory developments in the industry, such as the integration of credit card payments into UPI and the publication of RBI’s Payments Vision 2025, are “essentially neutral or favourable” for Paytm. The buy now, pay later (BNPL) business of Paytm’s will probably not be “impacted” by the new standards, according to Goldman Sachs.
