Paisalo Digital Ltd will consider raising funds via Non-Convertible Debentures to strengthen its capital base and expand lending operations. The move highlights its focus on financial inclusion and SME financing. Analysts say NCDs provide NBFCs with stable funding amid rising credit demand and tighter liquidity conditions.
Paisalo Digital Ltd (PISA.NS) has announced that its board will consider raising funds through the issuance of Non-Convertible Debentures (NCDs). This move reflects the company’s strategy to strengthen its capital base and support future lending operations in the fast-growing financial services sector.
Key highlights from the announcement:
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The fundraising will be explored via NCDs, a debt instrument that provides fixed returns to investors without equity conversion.
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The decision is aimed at expanding lending capacity, particularly in microfinance and SME segments where Paisalo has a strong presence.
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Analysts note that NCDs are a preferred route for NBFCs (Non-Banking Financial Companies) to secure long-term funding while maintaining balance sheet stability.
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The company’s focus remains on financial inclusion, catering to underserved borrowers across India.
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This fundraising plan comes at a time when credit demand is rising, and NBFCs are seeking diversified funding sources amid tighter liquidity conditions.
The proposal underscores Paisalo Digital’s proactive approach to capital management, ensuring it remains well-positioned to capture growth opportunities in India’s evolving credit market.
Sources: Reuters, NSE India, Business Standard