Small-cap stock under ₹50: Paisalo Digital, a small-cap non-banking finance company (NBFC), wherein India’s biggest insurer — Life Insurance Corporation of India (LIC) — holds a stake, announced raising funds via allotment of commercial papers (CPs) to the State Bank of India (SBI) on Wednesday, July 3.
The commercial papers were allotted today and will be redeemed on September 4, following a 63-day tenure.
