Paisalo Digital is considering raising funds including issue of Redeemable Non-Convertible Debentures (NCDs) on private placement basis. A meeting of Board of Directors of the company is scheduled to be held on May 30, 2020, to consider and approve 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.