Paisalo Digital has entered into a Business Correspondent agreement with State Bank of India (SBI) to provide services of Business Correspondent. Towards this objective of promoting financial inclusion and increasing the outreach, Paisalo Digital shall extend its services and reach to the vast under serviced segments of the market, specially in semi urban and rural parts of India.
As a national business correspondent for State Bank of India, PaisaLo will focus on building greater synergies and a more aggressive roll out of their already up and running fully digital small loan business under SBI Paisalo Loan Co-origination.
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.
Company Name | CMP |
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Bajaj Finance | 7293.90 |
Shriram Finance | 2430.10 |
Aditya Birla Capital | 229.60 |
SBI Cards AndPayment | 758.15 |
Chola Invest & Fin. | 1151.95 |
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