# HSBC has maintained its 'Buy' rating on PB Fintech and raised its price target.

*fintech · news · 2026-05-08 · CNBC TV18*

## Key points

- HSBC raised its price target for PB Fintech to ₹2,100, indicating a 23.4% upside.
- PB Fintech added 1.5 million transacting customers per quarter on average during FY26.
- The company's cost-to-operating income ratio improved to 95% in FY26 from over 100% in FY25.
- HSBC has raised PB Fintech's EPS forecasts by 1.5-2.2% for FY27-FY29.
- Losses from PB Fintech's credit distribution business are easing as newer initiatives scale.

**Companies:** HSBC, PB Fintech Ltd.
**Countries:** India, United Kingdom

[Read the full story on CNBC TV18](https://www.cnbctv18.com/market/pb-fintech-share-price-can-jump-nearly-25-pc-hsbc-says-despite-regulatory-overhang-risk-ws-el-19901623.htm)

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