PB Pay gets RBI nod to operate as payment aggregator

Among other stocks, Indian Hotels is backed by robust demand momentum, with new and renovated room supply supporting growth. Shyam Metalics is expected to benefit from rising commodity prices while adding new capacities in value added products. Fortis Healthcare's margin trajectory is seen continuing to surprise on the upside, aided by upcoming brownfield expansions. Astral is likely to gain market share with recent capacity additions and benefit from improving PVC pricing, while backward integration supports margins.

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CNBC TV18•09-02-2026, 15:41

PB Pay gets RBI nod to operate as payment aggregator

•PB Fintech's subsidiary, PB Pay Private Limited, received a Certificate of Authorisation (CoA) from the RBI.
•The CoA allows PB Pay to operate as a payment aggregator, effective from February 6.
•This regulatory milestone enables PB Pay to legally carry out payment aggregation services.
•The certificate is valid from issuance, with no reported withdrawals, cancellations, or penalties.
•The approval strengthens PB Fintech's digital payments operations and broader fintech strategy.

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