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PB Fintech Limited ( (IN:POLICYBZR) ) has provided an update.
PB Fintech Limited has announced the execution of agreements to disburse unsecured loans totaling INR 400 crores to its wholly owned subsidiaries, Policybazaar and Paisabazaar. This strategic financial move is aimed at utilizing IPO proceeds to support the subsidiaries’ operations and growth, potentially enhancing PB Fintech’s market positioning and operational capabilities in the fintech sector.
More about PB Fintech Limited
PB Fintech Limited operates in the financial technology industry, primarily offering online platforms for insurance and financial product comparisons through its subsidiaries Policybazaar and Paisabazaar. The company focuses on providing consumers with accessible and transparent financial services in India.
Average Trading Volume: 31,923
Technical Sentiment Signal: Buy
Current Market Cap: 817.7B INR
Find detailed analytics on POLICYBZR stock on TipRanks’ Stock Analysis page.