STOCKWATCH
·
Non Banking Financial Company (NBFC)
Partnership25 Mar 2026, 01:29 pm

Paisalo Adds Indian Overseas Bank to BC Partner Network

AI Summary

Paisalo Digital Limited, a leading digitally enabled NBFC focused on inclusive lending, has been appointed as a Business Correspondent (BC) partner for Indian Overseas Bank (IOB), enhancing its position as a bank-agnostic BaaS partner and strengthening its position as a key last-mile banking and financial services enabler. This partnership enables the delivery of essential banking services to underserved and underbanked communities across rural and semi-urban India, aligning with Paisalo’s broader strategy of building a high-tech, high-touch distribution architecture.

Key Highlights

  • Paisalo appointed as Business Correspondent (BC) partner for Indian Overseas Bank
  • Enhances Paisalo’s position as a bank-agnostic BaaS partner
  • Strengthens Paisalo’s position as a key last-mile banking and financial services enabler
  • Delivery of essential banking services to underserved and underbanked communities
  • Alignment with Paisalo’s broader strategy of building a high-tech, high-touch distribution architecture
PAISALO
Non Banking Financial Company (NBFC)
Paisalo Digital Ltd

Price Impact