The FinTech Hub
Source: Live Mint Shares of Paisalo Digital, a smallcap non-banking financial company (NBFC) backed by LIC and SBI Life Insurance, surged in trade on Tuesday, April 8, after the company unveiled ambitious fundraising plans and a series of board-level changes. The move, seen as a strategic push to strengthen its capital base and governance, brought…
Source: Live Mint Paisalo Digital share price rallied more than 3% on Tuesday after the company announced the country’s largest PSU bank, State Bank of India (SBI), has invested in the Commercial Papers (CPs) issued by it. Paisalo Digital shares gained as much as 3.24% to ₹36.96 apiece on the BSE. The small-cap Non-Banking Financial…
Source: Live Mint Stock market news: Paisalo Digital’s promoter group entity, a venture capital fund, has raised its stake in the company. According to a stock exchange filing, Equilibrated Venture Cflow, a Delhi-based venture capital fund and a promoter group firm of the non-banking financial company, has bought a little over 7.39 lakh equity shares,…
Source: Live Mint Stock to watch: Paisalo Digital Limited, a leading non-deposit-taking NBFC, has successfully raised ₹423 crore through the issuance of secured Foreign Currency Convertible Bonds (FCCBs), the company announced on December 6. The FCCB Committee of the small-cap stock under ₹100, during a meeting held at the company’s registered office in New Delhi,…
Source: Live Mint Breakout stocks: Shares of Paisalo Digital Ltd, a non-deposit-taking non-banking financial company, closed 2.83 per cent higher at ₹60.30 on Wednesday against the previous close of ₹58.64 on BSE. Brokerage firm Anand Rathi Investment Services sees a 20.6 per cent upside for Paisalo Digital shares. The brokerage firm, in an official report…
