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Paisalo Digital raises Rs 94 crore through NCDs

18 Sep 2021 Evaluate

Paisalo Digital has raised Rs 94 crore through Unlisted, Unsecured, Unrated Redeemable, Non-Convertible Debentures (NCDs) and allotted 94 NCD having face value of Rs 1 crore each. Tenure of the instrument is 5 Years from the date of allotment.

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.

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