Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding
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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

By Roshan Abraham

  • 08 Oct 2024
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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding
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Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank India, a subsidiary of Mauritius-based SBM Group. The deal, subject to banking regulator RBI's approval, may materialise in tranches and include an option for Jupiter to increase its stake in SBM ......

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