PB Fintech Invests ₹1 Cr in Wholly Owned Subsidiary

PB Fintech Ltd has announced an investment of INR 1,00,00,000/- (Indian Rupees One Crore Only) in the equity shares of its wholly owned subsidiary, PB Financial Account Aggregators Private Limited (PBFAA). This capital infusion is intended to help PBFAA meet its general operating expenses and comply with the capital adequacy and net worth criteria mandated by the Reserve Bank of India (RBI) for Account Aggregators. PBFAA, incorporated on February 3, 2022, operates in the NBFC (AA) industry. The transaction is considered a related party transaction as PB Fintech holds 100% stake, but it is conducted on an arm's length basis. PBFAA's net worth as of March 31, 2026, was ₹3,07,15,823, with a turnover of ₹12,79,176 for the same period. The company has not yet commenced commercial operations.