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Paisalo Digital allots 600 CPs worth ₹30 crore to SBI
short by / on Thursday, 3 July, 2025
Paisalo Digital, a prominent NBFC with a wide rural and semi-urban network, has approved private placement of 600 CPs to State Bank of India. Valued at ₹29.44 crore, these listed CPs have a face value of ₹5 lakh and offer 11% yield, maturing in 63 days with ₹30 crore redemption value. IDBI Bank Ltd is the issuing and paying agent.