Archive · 30 May 2025

Paisalo Digital Considers NCDs, Reports Strong Financial Performance

Paisalo Digital Considers NCDs, Reports Strong Financial Performance

Imagine a company called Paisalo that helps people with money.

This company, which has support from big investors like LIC and SBI Life Insurance, is planning to issue some special bonds called NCDs.

They also made a lot of money recently, with profits going up.

Because they did well, they're giving a small reward, a dividend, to people who own the company's stock.

To get more money for its business, Paisalo also borrowed USD 50 million by issuing bonds that can be converted into shares later.

This helps the company grow and provide services to many people across the country.

Sources