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Shares of Fino Payments Bank plunged as much as over 13.5% to INR 271.95 on the BSE. The shares ended the day’s trade 11.3% lower at INR 278.95
The company’s market capitalisation stood at $257.8 Mn (INR 2,321.38 Cr), down about 11% from $290 Mn at the end of Friday’s trading session
Recently, the company received an in-principle approval from the RBI to operate as a small finance bank (SFB), making it the first new-age tech company to receive such a regulatory…
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Shares of Fino Payments Bank plunged as much as over 13.5% to INR 271.95 on the BSE. The shares ended the day’s trade 11.3% lower at INR 278.95
The company’s market capitalisation stood at $257.8 Mn (INR 2,321.38 Cr), down about 11% from $290 Mn at the end of Friday’s trading session
Recently, the company received an in-principle approval from the RBI to operate as a small finance bank (SFB), making it the first new-age tech company to receive such a regulatory…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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