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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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First Published: Sep 21 2019 | 1:17 PM IST

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