RBI grants online payment aggregator licence to PB Fintech arm PB Pay
This story was originally published at 19:43 IST on 6 February 2026
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--PB Fintech: RBI allows arm PB Pay to be payment aggregator
MUMBAI – PB Fintech Ltd. Friday said the Reserve Bank of India had allowed its subsidiary PB Pay Pvt. Ltd. to start the business of payment aggregator. The company had applied for the licence from the banking regulator in 2024.
Friday, shares of PB Fintech closed at INR 1,504.90 on the National Stock Exchange, down over 3%. PB Fintech reported a consolidated net profit of INR 1.89 billion for the December quarter on a revenue of INR 17.71 billion. End
Reported by Diksha Tripathy
Edited by Rajeev Pai
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