Tag: SBI Life-Paisalo Digital

SBI Life acquires 9% stake in Paisalo Digital for Rs 186.20 cr

SBI Life Insurance Company said it has acquired nearly 9 per cent stake in non-banking finance company Paisalo Digital for about Rs 186.20 crore through the open market.  SBI Life has acquired a total of 38,00,000 equity shares equivalent to 8.99 per cent at Rs 489.99 per share for a cash consideration as an ordinary…