Paisalo Digital has raised Rs 18 crore through allotment of 1800, 9.95% P.A. Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) having face value of Rs 1 lakh each on private placement basis.
Earlier, the company had reported 32% increase in Assets under management (AUM) to around Rs 4,622 crore in Q4FY24 as compared to Rs 3,492 crore in Q4FY23. Its disbursements grew by 38% to around Rs 3,588 crore in Q4FY24 as compared to Rs 2,599 crore in Q4FY23.
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.
