Paisalo Digital Sparks Market Hype with ₹500 Million NCD Fundraise Approval

Paisalo Digital Ltd, the NBFC owned by LIC, has charged up the market by sanctioning a fundraise of up to ₹500 million through the issue of listed, secured, non-convertible debentures (NCDs) on a private placement basis. This move is intended to strengthen the company's lending ability and drive its next growth phase.

 

Key Highlights:

With this clinching fundraise, Paisalo Digital stands to build on its momentum and seize new opportunities in India's vibrant financial environment.

 

Source: Times Now, Capital Market, Investment Guru India