Latest Updates Around The World
Fino Payments Bank, whose managing director and CEO Rishi Gupta was arrested by the Directorate General of GST Intelligence (DGGI) on Monday, said the bank has not evaded any GST dues and has complied with all regulations. “The investigation by the DGGI related to the program manager(s) associated with multiple banks and not the GST […]
Stock markets closed last week under notable pressure as continued geopolitical tensions and weakness in technology stocks weighed on sentiment. On Monday, investors are likely to react to the ongoing conflict between Iran and the US-Israeli axis. Analysts say the impact of this development will be negative in the short term.In today’s trading, shares of […]
Fino Payments Bank’s net income rose 26 per cent to ₹118 crore The Reserve Bank (RBI) today granted ‘in-principle’ approval to Fino Payments Bank for conversion into a Small Finance Bank (SFB). business line was the first to report in August that the regulator is likely to approve Fino’s request for SFB conversion. The RBI […]
Rishi Gupta, CEO, Fino Payments Bank | Photocredit: Paul Noronha The Reserve Bank of India (RBI) will probably approve the request of Fino Payments Bank for a conversion to a Small Finance Bank (SFB) in March 2026, told sources line. The supervisor had approved the AU SFB application on 7 August to convert into a […]
