Fino Payments Bank fined by RBI for breaking rulesThe RBI has penalized Fino Payments Bank Limited with Rs 29.6 lakh for violating regulations concerning the permissible end-of-day balance ...
20 Jun, 2025, 09.04 PM IST
Fino Payments prepares for life as SFB, to focus on secured loansFino Payments Bank is gearing up to transform into a small finance bank, anticipating approval from the RBI. This strategic shift aims to e...
07 May, 2025, 12.53 AM IST
Fino Payments Bank applies for small finance bank license from RBIFino Payments Bank has applied for a small finance bank license. The bank has been preparing itself for an upgrade in terms of banking acti...
08 Jan, 2024, 06.51 PM IST
Fino Payments Bank partners exclusively with Go Digit for shop insurance policyThe partnership will allow small and medium businesses to take advantage of Digit's My Business Policy in the case of a catastrophe.
10 Jun, 2022, 12.21 PM IST
Fino Payments Bank holdco says changes in board composition due to policy decisionFino Payments Bank on April 30 had said that its shareholders rejected the proposals to increase the authorised share capital of the bank a...
02 May, 2022, 04.58 PM IST
Fino Payments Bank zooms 4% on RBI nod for offering FD, RD services to partner banksAccording to a PTI report, in a letter dated April 19, the RBI stated that Fino Bank can carry out referral services of term deposit produc...
21 Apr, 2022, 10.39 AM IST
Fino Payments Bank receives RBI nod to offer partner bank's FD, RD servicesIn its letter dated April 19, the RBI stated that Fino Bank can carry out referral services of term deposit products in the form of FD and ...
20 Apr, 2022, 10.16 PM IST
Fino Payments Bank IPO: Here's how to check allotment statusFino Payments Bank or FPBL is a scheduled commercial bank serving the emerging Indian market with its digital-based financial services.
03 Nov, 2021, 04.43 PM IST
Fino Payments Bank IPO to open on Oct 29: All you need to know about the issueThe IPO comprises a fresh issue worth Rs 300 crore and an offer for sale of up to 1,56,02,999 shares, worth Rs 900.29 crore. At the upper e...
27 Oct, 2021, 08.26 PM IST
Fino Bank's Rs 1,200-cr IPO opens October 29Fino Payments Bank is set to raise over Rs 1,200 crore from its initial public offering that will hit the market on October 29. The price b...
27 Oct, 2021, 06.38 AM IST
India's payments bank space: A case of near yet too farMost big players in the payments bank space have found the going tough and are likely to shut shop.
11 Aug, 2019, 02.40 PM IST
RBI slaps Rs 1 crore fine on Fino Payments bankFino Payments Bank was asked to stop all account opening activities after the RBI found out that there were few accounts with the bank with...
05 Nov, 2018, 07.36 PM IST
RBI puts a stop to Fino Payments Bank’s account opening operationsBanking regulator wants company to modify its processes to adhere to the rules on deposit limit.
04 Aug, 2018, 10.01 PM IST
FinoPaytech in talks with ecommerce player to use Aadhaar numbers to verify customersNegative pin codes are regions of the country in which ecommerce companies do not deliver as they fear being cheated or their delivery boys...
25 Jan, 2016, 11.23 AM IST
ICICI Group may hike stake in licensed payment bank FINO PayTechICICI may pick up stake through ICICI Lombard as new payment bank looks to comply with RBI regulations.
16 Dec, 2015, 11.01 AM IST
- Private equity firm Blackstone invests Rs 150 crore in ICICI Bank promoted Fino Limited
Private equity firm Blackstone has invested Rs 150 crore in Mumbai-based Fino in lieu of a significant minority stake.
08 Jul, 2011, 07.53 AM IST
- FINO, the hassle-free bank to unbanked poor
37-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 ca...
23 Jun, 2009, 02.14 PM IST