{"id":874089,"date":"2024-11-07T07:50:59","date_gmt":"2024-11-07T02:20:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=874089"},"modified":"2024-11-07T07:58:00","modified_gmt":"2024-11-07T02:28:00","slug":"pb-fintech-to-cut-costs-at-paisabazaar-amid-unsecured-loan-slowdown","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/07\/pb-fintech-to-cut-costs-at-paisabazaar-amid-unsecured-loan-slowdown\/","title":{"rendered":"PB Fintech to cut costs at Paisabazaar amid unsecured loan slowdown"},"content":{"rendered":"<p>PB Fintech will take corrective measures to bring down operating costs at its financial services arm, Paisabazaar. Steps may include reduction in workforce, as a slowdown in unsecured loans has impacted its growth. <\/p>\n<p>\u201cWe did not anticipate the slowdown (in unsecured loans) to last this long. We will be taking some corrective actions on the operating cost front,\u201d Yashish Dahiya, chairman and CEO of PB Fintech, told analysts during the Q2FY25 earnings call.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PB Fintech will take corrective measures to bring down operating costs at its financial services arm, Paisabazaar. Steps may include reduction in workforce, as a slowdown in unsecured loans has impacted its growth. \u201cWe did not anticipate the slowdown (in unsecured loans) to last this long. We will be taking some corrective actions on the operating cost front,\u201d Yashish Dahiya, chairman and CEO of PB Fintech, told analysts during the Q2FY25 earnings call.<\/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-874089","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\/874089","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=874089"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/874089\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=874089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=874089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=874089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}