Profit-taking and a broader selloff drive the record fall, even as the bank gets 18 months to transition into a small finance bank with a cautious lending plan ...
Gupta is ready with the roadmap to scale into an Rs 8,000–10,000 crore SFB within three years of operations, he tells ...
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Fino Payments Bank has received in-principle approval from the RBI to transform into a small finance bank, a first for any payments bank. This move will enable Fino to commence lending activities, ...
Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB). Illustration: Dominic ...
Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert its operations into a Small Finance Bank (SFB), becoming the first payments bank to achieve this ...
FINO Payments Bank Ltd. ( ($IN:FINOPB) ) just unveiled an update. Fino Payments Bank Limited has announced a scheduled meeting with investors and ...
In a landmark achievement for Fino Payments Bank, the lender has received 'in-principle' approval from the Reserve Bank of India to transition into a small finance bank, essentially becoming the first ...
Fino Payments Bank has received in-principle approval from the Reserve Bank of India (RBI) to convert into a small finance bank (SFB) Under RBI’s “on-tap” licensing rules, a payments bank run by ...
Shares of Fino Payments Bank plummeted almost 7% to INR 362.10 apiece on the BSE in early trading hours today (October 24) The decline in Fino’s share prices came a day after the company reported a ...
Fino Payments Bank Ltd has announced that it has received the Reserve Bank of India’s ‘In-principle’ approval to convert into a Small Finance Bank (SFB). Rishi Gupta, MD & CEO, Fino Payments Bank, ...
Fino gets RBI’s first-ever in-principle approval to convert into a Small Finance Bank Move will allow Fino to accept bigger deposits and start lending Approval comes two years after Fino applied under ...