Paisalo Digital has raised Rs 10 crore through allotment of 9.95% P.A., 1000 Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1 lakh each on Private Placement. Tenure of the instrument is 36 Months from the date of allotment. The Operations and Finance Committee of Board of Directors of Paisalo Digital at its meeting held on November 16, 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.
