Page 9 - Liability Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

December 24, 2020 × It has purchased 38 lakh equity shares of the company at ₹489.99 apiece for a consideration of ₹186.20 crore. SBI Life Insurance on Thursday said it had acquired 8.99 per cent stake in Paisalo Digital. The transaction was for cash consideration of about ₹186.20 crore, it said in a regulatory filing. It has purchased 38 lakh equity shares of the company at ₹489.99 apiece, it further said, adding that the purchase was done in the normal course of business. “The purchase transaction was undertaken on December 24, 2020,” SBI Life Insurance said. Paisalo Digita...

SBI Life picks up nearly 9% in Paisalo Digital for ₹186 crore Updated: Updated: Share Article AAA SBI Life Insurance on Thursday acquired an 8.99% stake in non-deposit taking NBFC Paisalo Digital for ₹186.20 crore. The open market transaction involved acquisition of 38 lakh shares at ₹489.99 each, the insurer said in a regulatory filing. On the objects of acquisition, SBI Life said it was done “in ordinary course of business”. Paisalo Digital, which counts among its shareholders LIC (3.53% stake) and FPIs (23.91%), provides loans to individuals, MSMEs and to Joint Liability Group ...

Vivek Tiwari of SATYA MicroCapital bags "The Most Promising Business Leaders of Asia" Award ANI | Updated: Dec 19, 2020 12:38 IST New Delhi [India], December 19 (ANI/NewsVoir): In recognition of his contribution to the empowerment of low-income rural & semi-urban entrepreneurs, across genders, Vivek Tiwari, MD, CEO and CIO of SATYA MicroCapital Limited has been conferred with the prestigious "The Most Promising Business Leaders of Asia" award at the 5th edition of The Economic Times Asian Business Leaders Conclave 2020-2021 hosted by ET Edge. Held on virt...