LIC-Owfc Stock Under ₹ 50 Jumps Over 7%; Inks Co-Lending Loan Agreement with SBI

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 Indian (Sbi). The agreement marks a significant expansion in the collaboration between the two institutions, aimed at improoving credit access for small and Medium Enerpries (Smees) Across India. The stock Gained as much as 7.3 percent intraday to hit 33.75 Before Settling with Modest Gains.

Paisalo and SBI expand partnership for sme lending

Paisalo Digital Limited, A Systemically Important Non-Deposit-Taking NBFC, Formalised A New Co-Lending Loan Agreement with Sbi on June 26, 2025. The beginnings targets sme projects and my Their existing co-lending partnership launched in 2021. It aligns with the reserve bank of India’s November 2020 guidelines on co-lending, which promoter creed Flow to Priority Sectors with Levery Complementary strengths of banks and nbfcs.

The new arrangement is designed to joint fund sme loans, with sbi and paisalo sharing responsibilites Across Origination, Disbursment, Servicing, Servicing, Servicing, and Recovery –Al Via a seamless digital platform. The platform aims to serve businesses in tier 2, tier 3, and rural markets, thereby extending the reach of formal credit to underbanked regions.

Commenting on the development, santanu agarwal, deputy managing director of Paisalo Digital, Said, “This New Arrangement With Sbi Underlines our shared visitor to expert and Timely CCSST Backbone of the Indian Economy. ” He added that by combining Paisalo’s integrated physical and digital network with SBI’s scale, the partnership is well-postioned to catalyse entrepreneurship and Empolyment nationwide.

According to the company, the SBI -Paisalo digital lending platform has alredy serviced over 94 lakh customers through 3,565 touchpoints accountry. With the inclusion of sme lending in its portfolio, the platform is expected to drive stranger growth in priority sector finance and Help address the creedit gap in undress segments segments.

LIC, SBI Life Hold Strategic Stakes

Paisalo Digital Enjoys The Backing of Two Major Financial Institutions. As per December 2024 BSE Data, LIC Holds A 1.35 Percent Stake in the company, while SBI Life Insurance Owns A Larger 9.87 percent stake. This strategic ownership not only strengthens the company’s credibility but also Signals long-term institutional confidence in its growth roadmap.

Stock performance

Despite Friday’s Positive Move, The Stock has had a turbulent year. Shares of Paisalo Digital Have Corrected Sharply, Falling more than 59 Percent from their 52-wheek high 81.95 touched in July 2024. The stock recently rebounded from its 52-wheek low of 29.40 Earlier this month. While it has gained 3.6 percent in June so far, this come after a prolonged streak of declines – Falling for Six Straight Months. The stock dropped 5 percent in bot april and may, 8 percent in March, 14 percent in February, 13 percent in January, and 2.4 percent in December 2024.

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