Mumbai (Maharashtra) [India], February 9 (ANI/PRNewswire): Board of Paisalo Digital approved the issue of 2.61 million equity warrants on a preferential basis to promoter group that shall be converted into an equivalent number of equity shares, this shall increase the shareholding of promoters by approximately 5 per cent of post-issue capital. The company signed the first co-lending arrangement in the country and primarily focuses on small-ticket size income generation priority sector loans. Paisalo Digital has entered this co-lending arrangement with India's largest PSU bank, wherein it would originate and process loans with its proprietary credit algorithm under its income generation loans
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