Business Standard

Paisalo Digital board to consider fund raising

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Capital Market

The board of Paisalo Digital will meet on 16th and 17th September 2021 to consider issuing unlisted, unsecured, unrated non-convertible debentures (NCDs) through private placement basis.

Paisalo Digital's consolidated net profit jumped 12.4% to Rs 16.94 crore on a 5.9% increase in total income to Rs 91.69 crore in Q1 June 2021 over Q1 June 2020.

Paisalo Digital is a non-banking finance company NBFC providing loans to individuals, micro, small and medium enterprises, and to Joint Liability Group (MFI).

Shares of Paisalo Digital gained 0.28% to Rs 767.25 on BSE.

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First Published: Sep 13 2021 | 3:13 PM IST

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