Crisil has completed the acquisition of a minority stake in Online PSB Loans Limited (OPL), a prominent digital credit infrastructure company, for Rs 33.25 crore.
The investment marks a strategic move by Crisil to deepen its engagement in the fast-evolving MSME credit ecosystem.
OPL, one of India’s largest digital lending platforms, offers end-to-end automation tools that facilitate seamless credit delivery to micro, small, and medium enterprises (MSMEs) as well as retail borrowers.
Leveraging artificial intelligence and machine learning, the company enhances credit decision-making processes and enables faster loan disbursals for financial institutions.
Speaking on the development, Amish Mehta, Managing Director and CEO, Crisil, said, “MSMEs contribute nearly a third of India’s gross domestic product, half of its exports, and are the largest employment generator after agriculture. As the MSME sector undergoes digitalisation and formalisation, OPL’s offerings will enable financial institutions to strengthen their lending infrastructure. Our investment in OPL enhances Crisil’s positioning in this vital segment and opens avenues for innovative product development.”
Jinand Shah, Managing Director and CEO, OPL, welcomed Crisil’s investment and highlighted its significance for the company’s growth.
“OPL is a fully integrated digital ecosystem that augments credit infrastructure for banks and financial institutions, offering tailored solutions to foster the MSME sector. Crisil’s deep domain expertise in ratings, analytics, and research will empower us to further our mission of transforming India’s MSME credit ecosystem and making it future-ready,” Shah stated.
The current shareholders of OPL include various leading public and private sector banks, credit bureaus, and government-linked institutions. Crisil had initially announced its intent to invest in OPL in December 2024.
Crisil, majority owned by S&P Global, continues to expand its presence in the financial infrastructure domain through strategic investments and technological integration.
Send news announcements/press releases to:
info@b2bmarketmedia.com
