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Paisalo Digital enters into co-lending loan agreement with UCO Bank

24 May 2022 Evaluate

Paisalo Digital has entered into a co-lending loan agreement with UCO Bank. This is in conformity the RBI circular on Co-lending of loans as released on November 5, 2020. Earlier in December 2021, the company had signed co-lending loan agreement with Punjab National Bank (PNB).

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.

Peers
Company Name CMP
Bajaj Finance 1033.30
Shriram Finance 1008.90
Aditya Birla Capital 400.00
Tata Capital 346.35
Chola Invest & Fin. 1772.30
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