Fino Payments Bank gets in-principle nod from RBI to convert to small finance bank

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, expand its offerings, …

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, expand its offerings, and strengthen its deposit base.

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