Paisalo Digital’s board has approved the Offer to issue Unlisted Unsecured 12% Non-Convertible Debentures (NCDs), in the nature of subordinate debt, for an amount up to Rs 99 crore. The Board of Directors of the company in their meeting held on January 30, 2020 has considered and approved the same.
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.
