Paisalo Digital Limited has informed the Exchange about Press Release
PAISALO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Paisalo Digital, an NBFC focused on inclusive lending, has successfully completed its first-ever External Commercial Borrowing (ECB) of USD 15 million from international markets. The funds will be used to expand its lending portfolio, particularly towards MSMEs and other underserved income-generation segments. The company says this move helps diversify its funding mix beyond domestic sources and access cheaper, long-tenure capital. Management stated this reflects strong lender confidence in Paisalo's underwriting practices, asset quality, and tech-enabled distribution model. The transaction is expected to optimise the company's overall borrowing cost and strengthen its liability structure.
Positive for shareholders — the maiden ECB diversifies funding sources, potentially lowers the blended cost of borrowing, and provides long-term capital to support loan book growth without immediate dilution risk.