Fino’s small fin bank plan: Secured loans

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.

Fino’s small fin bank plan: Secured loans
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.