Fino Payments Bank gets RBI nod to become SFB

Fino Payments Bank Ltd has announced that it has received the Reserve Bank of India’s ‘In-principle’ support to person into a Small Finance Bank (SFB).

Rishi Gupta, MD & CEO, Fino Payments Bank, said, “The ‘In-principle’ support is simply a historical and momentous juncture successful Fino’s improvement journey. The support is simply a testament to our accordant performance, quality to instrumentality technology-led banking to the masses, beforehand integer payments and adherence to compliance and regulatory guidelines.”