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Fino Payments Bank has applied for a small finance bank (SFB) license with the Reserve Bank of India (RBI).
“During the quarter ended December 31, 2023, the Reserve Bank of India has received one application under the Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector dated December 05, 2019 from Fino Payments Bank Limited,” RBI said in a statement on January 8.
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On July 28, the bank’s board approved the proposal for the…
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