PhysicsWallah sells ₹95.79 crore loan portfolio to Auxilo Finserve
By United One News · AI-generated summary of 2 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
PhysicsWallah divests its FinZ Finance loan book to Auxilo Finserve, ending its direct student lending push.
- The sale involves ₹95.79 crore of loans previously held by FinZ Finance.
- PhysicsWallah shifts from in-house lending to third‑party lenders.
- The move follows concerns over capital allocation, credit risk and strategic focus.
Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.
How each side framed it
PhysicsWallah retreats from direct student lending as FinZ loan book heads to Auxilo
Timeline
First reported by YourStory on ; 2 articles from 2 outlets so far.
Who is covering this story
- Center (2): YourStory, The Hindu BusinessLine