Fino Payments Bank is set to transform into a small finance bank. This move will allow it to expand secured lending. The bank plans to separate its business correspondent arm. Fino has a strong digital-first, transaction-led model. It boasts over 20 lakh merchants and 1.6 crore customers. This provides a ready base for deposits and loans.
Monday, January 05, 2026
Fino’s small fin bank plan: Secured loans
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