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Fino 1st payments bank to get RBI nod to turn SFB

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......

IPOs That Burned Investor Wealth

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

Connectivity a challenge for banks: Fino CEO

Financial Information Network & Operations, set-up by ICICI Bank last year, now also has on board three public sector players Indian Bank, Union Bank of India and Corporation Bank as they look to......

FINO: Bank to the poor

Thirty-seven-year-old Sivan Pandiyan had to run from pillar to post for over seven to eight months to get a meagre Rs 5,000 as loan from a bank to carry out the maintenance and repair work of his......

Fino

News for Fino

Fino 1st payments bank to get RBI nod to turn SFB

IPOs That Burned Investor Wealth

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Connectivity a challenge for banks: Fino CEO

FINO: Bank to the poor

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