{"id":1041122,"date":"2026-10-06T08:49:21","date_gmt":"2026-10-06T03:19:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1041122"},"modified":"2026-10-06T09:00:55","modified_gmt":"2026-10-06T03:30:55","slug":"physicswallah-sells-rs-96-crore-finz-loan-book-to-auxilo-winds-down-direct-lending","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/06\/physicswallah-sells-rs-96-crore-finz-loan-book-to-auxilo-winds-down-direct-lending\/","title":{"rendered":"PhysicsWallah sells Rs 96-crore FinZ loan book to Auxilo, winds down direct lending"},"content":{"rendered":"<p>PhysicsWallah\u2018s wholly owned subsidiary FinZ Finance has agreed to sell the bulk of its loan book to Auxilo Finserve, an education-focused non-banking financial company (NBFC), for Rs 95.79 crore. The sale all but ends the edtech company\u2019s short-lived run as a direct lender to students. <\/p>\n<p>FinZ Finance signed a deed of assignment with Auxilo on October 3 for the sale, transfer and assignment of a loan portfolio worth Rs 95.79 crore, PhysicsWallah said in a filing to the National Stock Exchange (NSE) and BSE on Sunday. The consideration for the deal is also Rs 95.79 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PhysicsWallah\u2018s wholly owned subsidiary FinZ Finance has agreed to sell the bulk of its loan book to Auxilo Finserve, an education-focused non-banking financial company (NBFC), for Rs 95.79 crore. The sale all but ends the edtech company\u2019s short-lived run as a direct lender to students. FinZ Finance signed a deed of assignment with Auxilo on October 3 for the sale, transfer and assignment of a loan portfolio worth Rs 95.79 crore, PhysicsWallah said in a filing to the National Stock Exchange (NSE) and BSE on Sunday. The consideration for the deal is also Rs 95.79 crore.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1041122","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1041122"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041122\/revisions"}],"predecessor-version":[{"id":1041137,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1041122\/revisions\/1041137"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1041122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1041122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1041122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}