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SUMMARY
The RBI said it has imposed a penalty on Fino Payments Bank for non-compliance with certain directions on ‘licencing of payments banks’
The Statutory Inspection for Supervisory Evaluation (ISE 2024) of the bank was with reference to its financial position as of March 31, 2024
Shares of the company closed 3.5% higher at INR 291.8 apiece on the BSE yesterday,
The Reserve Bank of India (RBI) said it has imposed a penalty of INR 29.6 Lakh on Fino Payments Bank for…
