Ferbine Private Limited
Ferbine Private Limited was incorporated on January 18, 2021 to make an application to the Reserve Bank of India to set up a pan-India umbrella entity (PUE) for retail payments. The company is promoted by Farida Khambata, an Independent Director at Tata Sons Pvt Ltd. Kotak Mahindra Bank is planning to subscribe 4,995 equity shares in Ferbine Private Limited to acquire an equity shareholding of 9.99 percent[1]. Bharti Airtel’s wholly-owned subsidiary Airtel Digital Ltd. has also agreed to buy 10% in the company[2].
References[edit]
- ↑ "Kotak Mahindra Bank Picks Up Stake in Ferbine". The Hindu BusinessLine. Unknown parameter
|url-status=ignored (help) - ↑ "Airtel Digital to buy 10% in Tata Group's Ferbine". Economic Times. Unknown parameter
|url-status=ignored (help)
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