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PB Fintech investment: PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presence - The Economic Times
The capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansion and meeting the Reserve Bank of India's capital adequacy and net worth requirements for a payment aggregator, the company said. It added that the investment will not alter PB Fintech's ownership, with PB Pay remaining a 100% owned subsidiary.
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PB Fintech investment: PB Fintech to inject Rs 20 crore into payments arm, expand Dubai presence - The Economic Times
The capital infusion will be made in one or more tranches through equity subscription and is aimed at supporting PB Pay's business expansion and meeting the Reserve Bank of…
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PB Fintech shares slide up to 8% after Temasek arm likely sells over 2% stake via block deal
PB Fintech shares fell sharply on Friday after reports said Temasek-linked MacRitchie Investments likely sold more than a 2% stake via a block deal at a discount. The proposed…