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Paisalo Digital has entered a Memorandum of Understanding with LoanKhata for a proposed co-lending partnership.
The partnership marks another step in Paisalo’s acceleration phase, as the company scales its loan book, expands distribution and strengthens its technology-led lending model.
Under this MoU, Paisalo and LoanKhata intend to establish a co-lending facility aggregating up to Rs. 1,000 crore. The proposed participation structure envisages Paisalo funding 80% and LoanKhata funding 20% of each eligible loan. The facility will focus on Micro-enterprises and MSMEs.
Paisalo is advancing on its three-year strategic roadmap aimed at doubling AUM, total income and PAT, while preserving best-in-class asset quality. Entering the proposed Rs. 1,000 crore partnership with LoanKhata is a deliberate step in further strengthening this expansion roadmap.
At 12.17 pm, Paisalo Digital was trading at Rs. 69, up by 1.85%, with a volume of 2.27 lakh shares on the BSE.
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