ALPHA TRIBE

PB Fintech LimitedImportant, 02-08-2025: General Updates

02-08-2025 | 11:12 pm

PB Fintech has executed agreements to disburse unsecured loans to its wholly-owned subsidiaries. Policybazaar will receive ₹300 Cr, primarily from IPO proceeds, to fund its operations. Paisabazaar will get ₹100 Cr from both IPO and non-IPO funds for its business and other expenses. Both loans carry a 12% annual interest rate and are repayable within one year. This capital injection supports the growth and strategic objectives of PB Fintech's core businesses.

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