Paisalo Digital’s board has allotted Unlisted Unsecured 12% Non-Convertible Debentures (NCDs), in the nature of subordinate debt, on the private placement basis for an amount of Rs 6 crore. The Board of Directors of the company in their meeting held January 30, 2020 has allotted 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.
