New Delhi, June 27 -- Shares of LIC- and SBI Life-backed Paisalo Digital rose over 7 percent on Friday, June 27, after the smallcap NBFC announced the signing of a fresh co-lending loan agreement with the State Bank of India (SBI). The agreement marks a significant expansion in the collaboration between the two institutions, aimed at improving credit access for small and medium enterprises (SMEs) across India. The stock gained as much as 7.3 percent intraday to hit Rs.33.75 before settling with modest gains.

Paisalo Digital Limited, a systemically important non-deposit-taking NBFC, formalised a new co-lending loan agreement with SBI on June 26, 2025. The agreement targets SME products and is an extension of their existing co-lending part...