Fresh off its RBI nod, Fino Payments Bank plans a cautious but differentiated path as it transitions into a small finance bank-with digital scale, low-cost liabilities and secured lending at its core
A payments bank is eligible to apply to transition into an SFB after completing five years of operations, subject to meeting compliance and regulatory requirements
Fino Payments Bank settled proceedings with the Securities and Exchange Board of India related to alleged violations of disclosure norms under the Sebi Regulations