https://techcrunch.com/2023/12/06/indias-paytm-curbing-low-value-personal-loans-spells-bad-news-for-the-industry/ > Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. > Paytm’s move followed the RBI recently tightening norms for consumer loans and publicly expressing concerns about the bad, tiny personal loans. Paytm said Wednesday that it was getting “ultra conservative” and will expand its portfolio of higher-ticket personal and commercial loans to lower-risk and high credit-worthy customers.