by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Non-Life, Technology
PB Fintech had clarified that it’s planned foray into healthcare business is meant for aligning interests between insurers and hospitals that could enhance customer claims experiences and it has no plans to enter the hospital business or owning physical assets...
by AIP Online Bureau | Aug 29, 2024 | Indian News, Intermediaries, Technology
The shares were disposed of at an average price of Rs 1,719.75 apiece, taking the transaction value to Rs 1,668.15 crore. After the share sale, Tencent’s sharehdoling in PB Fintech has declined to 2.13 per cent from 4.26 per cent New Delhi: Chinese conglomerate...
by AIP Online Bureau | May 19, 2024 | Indian News, Intermediaries, Wealth Management/ Philanthropy
The shares were picked up by a clutch of domestic mutual funds (MFs), insurance companies, and foreign investors. The entities that purchased stake are HDFC Mutual Fund (MF), Axis MF, HDFC Standard Life Insurance, ICICI Prudential Life Insurance, Abu Dhabi Investment...
by AIP Online Bureau | May 8, 2024 | Indian News, Intermediaries, Life, Non-Life, Technology
The company, which also operates online credit marketplace Paisabazaar, posted a consolidated net profit of Rs 60.59 crore ($7.3 million) for the quarter ended March 31, against a net loss of Rs 8.95 crore a year ago New Delhi: India’s PB Fintech, the parent of...
by AIP Online Bureau | Mar 21, 2024 | Indian News, Intermediaries, Regulation, Technology
The subsidiary called ‘PB Pay Private Limited’ would carry on the business of payment aggregator’ domestic and/or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with offline and/or digital payment acceptance...
