Paisalo Digital maintains AA credit ratings on $560m debt

Infomerics Valuation and Rating Private Limited reaffirmed Paisalo Digital Limited's credit ratings following a review of its financial performance.

Long-term bank facilities of INR 2,664 crore and proposed facilities of INR 936 crore both maintain "IVR AA/Stable" ratings. Non-convertible debentures totaling INR 183 crore also received "IVR AA/Stable" reaffirmation.

Commercial paper worth INR 540 crore was reaffirmed at "IVR A1+". The total rated amount across all instruments is INR 4,662 crore.