press release

Financial Results for Q3FY22of Fino Payments Bank

Mumbai, 27 January 2022:The Board of Directors of Fino Payments Bank Limited(BSE: 543386; NSE: FINOPB) (“Fino Bank” or “the Bank”) at its meeting on Thursday, January27, 2022, approved the financial statements accounts of the Bank for the quarter ..

International Remittance for official Press Release

Pursuant 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).  

Fino Payments Bank receives RBI approval for Cross Border Remittances

Mumbai, 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

Fino 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

Fino 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.

Fino Payments Bank launches ‘Bhavishya’ Savings Account for minors, aims to make kids banking ready

Fino 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

Fino 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.

Fino Payments Bank posts Q4 profit, ends FY20 with positive EBITDA

Fino 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

In 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).

RBI lifts prohibition on account opening

It 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 ..