(SBI), HDFC Financial institution and ICICI Financial institution on Tuesday acquired a 9.54 per cent stake every in Perfios Account Aggregation Providers Non-public Restricted (Perfios AA).
These banks acquired 8,05,520 fairness shares every by paying Rs 4.03 crore every for the stakes.
The lenders purchased the shares at a worth of Rs 50 apiece, in keeping with regulatory filings.
The investments can be topic to the approval of the Reserve Financial institution of India.
These banks disclosed that they or their associates or subsidiaries, within the regular course of enterprise, could have enterprise dealings with Perfios AA at an arm’s size.
The Bengaluru-based Perfios AA had a turnover of Rs 0.09 crore (provisional) and a lack of Rs 3.4 crore (provisional) in FY22.
