PB Fintech Acquisition Worth ₹1 Cr
PB Fintech is infusing ₹1 Crore into its wholly-owned subsidiary PBFAA in tranches. The funds will meet RBI capital adequacy norms for its Account Aggregator license.
- Value
- ₹1.00 Cr
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4 announcements with these filters
PB Fintech is infusing ₹1 Crore into its wholly-owned subsidiary PBFAA in tranches. The funds will meet RBI capital adequacy norms for its Account Aggregator license.
PB Fintech acquired PB Wheels Private Limited for ₹10 Crore cash to fund its working capital. The target operates a digital vehicle management platform.
PB Fintech buys the remaining 20% of Myloancare Ventures for ₹5 Crore, achieving full ownership. The RBI-registered NBFC aligns with its core lending business.
PB Fintech approved the 20% acquisition of MyLoancare for ₹5 Crore and capital investments of ₹11 Crore in subsidiaries PB Wheels and PB Financial Account Aggregator.