Synopsis: Fino Payments Bank shares fell 9% despite RBI’s approval to transition into a Small Finance Bank, as investors remain cautious about heavy regulatory requirements, higher capital needs, and operational challenges that could strain its existing digital-first business model.

This company is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus and it offers such products and services to the target market via a Pan-India distribution network is now in the spotlight after RBI’s in-principle approval for transitioning to a Small Finance Bank (SFB).

With market capitalization of Rs. 2,402 cr, the shares of Fino Payments Bank Ltd are currently trading at Rs. 288 per share, dropping by 9% in today’

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