Fino Payments Bank aims to transition to a Small Finance Bank within 12 months, investing ₹100-150 crore to enhance operations.

Fino Payments Bank plans to transition into a Small Finance Bank (SFB), adding 600 staff over three years. Despite this shift, transaction income is set to dominate, contributing 75% to revenues.

MUMBAI: Fino Payments Bank, promoted by Fino PayTech, received in-principle approval from the Reserve Bank of India (RBI) in ...

Gupta said up to 80% of Fino's advances as an SFB will be secured in nature, as part of the plans in the making.

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Fino Payments Bank plans to add 600 employees as it transitions to a Small Finance Bank (SFB). Transaction fees to dominate ...

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 ...

Gupta is ready with the roadmap to scale into an Rs 8,000–10,000 crore SFB within three years of operations, he tells ...

Financial inclusion is a critical enabler of economic development, ensuring that all individuals and businesses, regardless of their financial status, have access to essential financial services. In ...