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PB Fintech wins SEBI stock broking nod for debt trading on NSE and eyes a new revenue stream
Business
Published on 9 May 2026
A broker licence focused only on fixed income trading
PB Fintech, the parent of Policybazaar and Paisabazaar, has received SEBI approval for its wholly owned arm PB Marketing and Consulting to act as a stock broker for the debt segment on the NSE. The licence starts from May 8, though certification is still pending, positioning the firm against newer wealth and brokerage players as it diversifies amid scrutiny over insurance commission revenue.
- SEBI licence granted to PB Fintech unit for debt segment stock broking on NSE
- Licence validity begins May 8, certification still awaited
- Company targets fixed-income trading via corporate bonds and government securities
- Diversification follows concerns over reliance on insurance commissions
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42