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Paisalo Digital raises Rs 5 crore through NCDs

13 Apr 2023 Evaluate

Paisalo Digital has raised Rs 5 crore through allotment of 5, 10% p.a. Unlisted, Unsecured, Unrated Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1 crore each on private placement basis. The Operations and Finance Committee of Board of Directors of Paisalo Digital in their meeting held on April 13, 2023 has allotted 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.

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