Paisalo Digital has raised Rs 20 crore through Secured Rated Listed Redeemable Non Convertible Debentures (NCDs) and allotted 9.50% NCDs of the face value of Rs 10 lakh each on Private Placement basis. The said NCDs will be listed on the Wholesale Debt Market segment of BSE.
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.
