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Fino Payments not planning to turn into small finance bank 'right now': CEO

Company is only profitable payments bank and 'lot of things need to settle down first' for it to consider seeking a licence for conversion, says Rishi Gupta

Fino Payments Bank | NBFCs | small finance banking

Manojit Saha  |  Mumbai 

Fino Payments
Fino, mainly into domestic remittance business, started operations in 2017 and listed on the bourses last month following an IPO

Fino Payments, India’s only listed payment bank, is not keen to become a small bank immediately though it will be eligible to be when it completes five years in June 2022.



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First Published: Wed, December 08 2021. 05:50 IST