04 Jan 2022Pursuant to the applicable Regulation(s) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed please find the press release regarding receipt of RBI approval for Cross Border Remittance through Money Transfer Service Scheme (MTSS).
03 Jan 2022Mumbai, 3rd January 2022: Fino Payments Bank (BSE: 543386; NSE: FINOPB) (“Fino Bank” or “the Bank” or “Fintech) has received the RBI approval for commencing International Remittance business under the Money Transfer Service Scheme (MTSS). The Bank ..
Fino Payments Bank records third straight quarterly profit, achieves more than double PAT growth in Q2 FY21
25 Nov 2020Fino Payments Bank Limited (FPBL) today announced that it has recorded a 144% rise in PAT in Q2 FY21 over Q1. This is the third consecutive quarter wherein FPBL has registered growing profits achieving a PAT of Rs 1.3 crore in Q4 ..
Fino Payments Banks aims Rs 2000 crore gold loan sourcing business for partners riding on rural revival in FY21
28 Jul 2020Fino Payments Bank aims to double the value of its gold loan sourcing business in FY21. As payments banks cannot lend, Fino is taking the partnership route with banks and NBFCs to source gold loans on their behalf.
10 Jul 2020Fino Payments Bank Limited (FPBL) today announced that it has launched a savings account for minor children aged between 10 and 18 years. Bhavishya, a subscription-based savings account, is aimed at making children banking ready, inculcating a savings habit.
Fino Payments Bank opens more than 2 lakh full KYC accounts during lockdown, aims 2.4 lakh by end of Q1 FY21
22 Jun 2020Fino Payments Bank Limited (FPBL) today announced that it has opened more than 2 lakh full KYC CASA accounts from April to mid-June amidst the pandemic.
20 May 2020Fino Payments Bank Limited (FPBL) today announced that it turned profitable at the operating level for the financial year 2019-20. This feat is achieved within three years of the bank starting operations in July 2017.
Fino Payments Bank introduces sweep account facility in association with Suryoday Small Finance Bank
09 Oct 2019In a move aimed at enhancing banking experience for existing customers as well as tapping new customers, Fino Payments Bank (FPB) today announced the launch of sweep account facility in association with Suryoday Small Finance Bank (SSFB).
23 Oct 2018It may be noted that the RBI had prohibited Fino Payments Bank from opening any new accounts on account of violations of certain licensing conditions and operating guidelines. However, no restrictions were placed by RBI on the bank for servicing ..