Paisalo Digital Limited has informed the Exchange regarding a press release dated March 16, 2026, titled "Brickwork Ratings India Private Limited Assigns BWR AA / Stable to Proposed NCDs".
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Paisalo Digital Limited, an NBFC focused on inclusive lending, has received a credit rating of 'BWR AA / Stable' from Brickwork Ratings India Private Limited for its proposed Non-Convertible Debenture (NCD) issuance of ₹1,500 crore. This is a fresh, additional rating — the company already holds a rating from Infomerics Analytics and Research Private Limited, so it now has dual ratings. Brickwork cited Paisalo's established franchise, scalable lending model, strong capitalization, experienced management, steady loan book growth, and stable asset quality as factors behind the rating. The high AA grade signals strong capacity to meet financial commitments with low credit risk.
Short-term: Positive sentiment as a high investment-grade rating (AA/Stable) on a large ₹1,500 crore NCD issuance should widen investor participation and potentially lower borrowing costs. Long-term: Strengthens Paisalo's credit profile and funding access, supporting growth in its inclusive lending book.