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Paisalo Digital and Bank of Maharashtra sign co-origination of loan agreement

Capital Market 

Paisalo Digital has signed its co-origination loan agreement with the Bank of Maharashtra on 20 September 2019.

This is Company's second Co-origination Agreement with any Bank, before Bank of Maharashtra, thc company has already signed a co-origination loan agreement with State Bank of India in April, 2019.

The co-origination arrangement will entail joint contribution of credit by the Bank and Paisalo,It shall also involve sharing of risks and rewards between Bank and Paisalo.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, September 21 2019. 13:17 IST