India's PhysicsWallah surges about 17% after opting for NBFC-led student financing model
04/06/2026 07:23
India's PhysicsWallah surges about 17% after opting for NBFC-led student financing model June 4 (Reuters) - Shares of India's PhysicsWallah PHYS.NS jumped as much as 16.7% on Thursday after the edtech company said it would partner with regulated non-banking financial companies (NBFCs) to meet student financing needs, instead of pursuing lending through its own finance unit.
(Reporting by Surbhi Misra in Bengaluru; Editing by Sonia Cheema)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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