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Paisalo Digital gets nod to raise upto Rs 30 crore through NCDs
Apr-24-2024

Paisalo Digital has received approval for the issuance of Secured Rated Listed Redeemable Non-Convertible Debentures (NCDs) aggregating upto Rs 30 crore through Private Placement basis.

The Committee also approved the issuance of Commercial Papers (CPs) each having face value of Rs 5 lakh in one or more tranches aggregating upto Rs 90 crore on a Private Placement basis. The Operations and Finance Committee of the Board of Directors of the Company at its meeting held on April 24, 2024 has, inter alia, considered and approved 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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