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Paisalo Digital signs co-origination loan agreement with Bank of India

25 Oct 2019 Evaluate

Paisalo Digital has signed its co-origination loan agreement with Bank of India, for lending to priority sector. Under this tie-up both the entities would jointly reach out to prospective customers and conduct due diligence for extending small ticket size loans.

Paisalo Digital is a leading systemically important Non-Deposit taking NBFC registered with the Reserve Bank of India (RBI), in operation since 1992. The company’s main thrust is on small finance to ensure rural development, self-employment and women-empowerment.

Peers
Company Name CMP
Bajaj Finance 1009.00
Shriram Finance 1006.00
Aditya Birla Capital 396.95
Tata Capital 341.00
Chola Invest & Fin. 1761.00
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