RBI wants to give breathing space to the new owners of the fraud-hit bank whose reconstruction is likely to take shape in the next few months
PMC bank updates:
All the Payback India employees will become part of the BharatPe group.
BharatPe merchants will get a Rs. 300 instant cashback in their bank account by scanning their vaccination certificate via the BharatPe app.
This is the sixth round of debt financing for BharatPe in the year 2021
BharatPe recorded $830 million worth of transactions ($10 billion annualised) in March 2021
The fintech company is all set to become an unicorn with current valuation crossing $900 million