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FINO PAYTECH
Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI reviewFino Payments Bank has paused the re-appointment of its Managing Director, Rishi Gupta. This decision comes as the Reserve Bank of India wi...- Fino Payments Bank shares plunge 11% after nod for small finance bankFino Payments Bank shares dropped significantly on Monday despite receiving an in-principle license to become a small finance bank. The Res...
- Large investors in Fino have 18 months to cut stakesFino Paytech has secured the green light to upgrade its payments bank to a small finance bank, following the guidelines set by the Reserve ...
- 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...
- Fino Payments Bank raises Rs 539 cr from anchor investors ahead of IPOThe initial public offer (IPO) includes a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of 15,602,999 equity ...
- Fino Paytech unlisted shares rise 20% after nod to its payments bank IPOThe unlisted shares of Fino Paytech soared about 20 per cent to Rs 380-400 in the unlisted market within hours of the Sebi nod.
- IPO-bound Fino PayTech to raise Rs 75 crore via right issueFino PayTech is eyeing to raise about Rs 74.75 crore by issuing 29,66,470 crore equity shares to eligible shareholders via a rights issue.
- Fino Paytech invests in CityCashThrough the partnership Fino will attempt to digitise public transport payment for consumers taking the bus, auto or cabs in the country.
- Fino Paytech inks deal with ICICI group companies to distribute insurance productsThe payments bank will launch its operations with 3-4 products including current and savings account, business correspondent lending, remit...
- Fino Paytech receives final approval from RBI for payments bankThe company which till now was operating as a payments entity driving financial inclusion for banks had to reduce its foreign shareholding ...
- ICICI Pru, ICICI Lombard buy 12% in Fino Paytech for Rs 150 croreFino Paytech is the only domestic remittance and payments company that worked as a business correspondent, to be awarded the payments bank ...
- Fino PayTech has set a target of attaining an AUM of Rs 1000 crore through its own NBFCThe company which currently operates across 74 districts in the five states of Uttar Pradesh, Madhya Pradesh, Bihar, Maharashtra and Karnat...
- BPCL picks up 21 per cent stake in Fino PayTech for Rs 250 crorePetroleum retailing company BPCL which has a huge customer base who uses its petrol pumps and LPG services intends to utilize this partners...
- Fino PayTech may start operations by year-endFino is a financial solutions company engaged in domestic remittances, rural engaged in domestic remittances, rural lending and insurance.
- FINO, Reliance Finance to provide credit to rural poor in Maharashtra, Madhya PradeshA press release said that Fintech Foundation, an associate company of FINO, would source and service customers on behalf of Reliance Commer...
- 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...
- Foreign investors to decrease stake in FINO PayTechFINO PayTech’s foreign investors will reduce their stakes in the company to enable it to meet regulations stipulated for operating a paymen...
- Financial, ecommerce companies tie up for delivery solutionsThe tie-ups will allow customers to pickup goods ordered online at a pre-specified location that are run by the financial services provider.
- Fino PayTech ties up with Yatra.com for online ticket serviceFino PayTech today said it has tied up with online travel portal Yatra.com to provide online ticket booking service to migrants, rural wome...
- Yatra.com ties up with Fino Paytech to tap rural marketsFino Paytech said it tied up with travel portal Yatra.com to help them book tickets online through its Fino Money retail platform.
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