Physicswallah Limited has informed the Exchange regarding Press Release - 'PhysicsWallah Revises Lending Strategy; Partners with Leading Regulated NBFCs for Student Financing'.
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PhysicsWallah has changed how it offers financing to students taking its courses. Instead of lending directly, the company will now partner with regulated Non-Banking Financial Companies (NBFCs) to provide education loans to students. This is a strategic shift in their lending operations to leverage external, regulated financial partners rather than carrying loan risk on their own books.
This move likely reduces PhysicsWallah's own credit and capital exposure from student lending, potentially improving balance sheet health but reducing direct loan-related revenue. Partnerships with established NBFCs could expand financing access for students, supporting future enrollment growth.