SBI Life-Owned NBFC Secures $15 Million via Euro Convertible Bond Issue

Paisalo Digital Secures USD 15 Million in External Commercial Borrowing

On March 17, Paisalo Digital, a non-banking financial company (NBFC) owned by SBI Life Insurance, announced the successful completion of its maiden External Commercial Borrowing (ECB) transaction, raising USD 15 million. This strategic move is aimed at diversifying Paisalo Digital's funding mix and accessing cost-effective, long-tenor capital from international markets.

Paisalo Digital plans to utilize the funds to support its expanding lending portfolio, focusing on MSMEs, income-generation segments, and other priority sectors. The transaction strengthens the company's overall liability structure by introducing a stable and diversified source of funding, optimizing the blended cost of capital.

Key Highlights

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• Paisalo Digital's 6.83% stake is owned by SBI Life Insurance, which has been holding a stake in the company since December 2020.
• Retail investors collectively own a 30.5% stake, while FIIs hold a 20.1% stake.
• Promoters own the majority stake of 41.8%, with Equilibrated Venture Cflow Private Limited holding the largest share of 20.53%.

Share Price Trend

Paisalo Digital's share price is currently down 3% in March, following a 3.7% jump in February. The stock faced sharp selling pressure between April 2024 and August 2025, resulting in a 50% decline in value. Despite this, the stock has delivered massive returns to long-term investors, with a cumulative return of 455% between 2017 and 2024.