IPO-bound PhysicsWallah plans to directly lend student loans

PhysicsWallah's lending arm, Finz Finance, secured RBI approval as an NBFC, enabling direct student lending and reducing reliance on external lenders. This strategic move, disclosed in its DRHP, allows greater control over pricing and collections as the company prepares for a Rs 3,820 crore IPO.

IPO-bound PhysicsWallah plans to directly lend student loans
PhysicsWallah's lending arm, Finz Finance, secured RBI approval as an NBFC, enabling direct student lending and reducing reliance on external lenders. This strategic move, disclosed in its DRHP, allows greater control over pricing and collections as the company prepares for a Rs 3,820 crore IPO.