Issue of open liabilities needs rethinking: Fino Payments Bank MD & CEO

Rishi Gupta, MD and CEO, Fino Payments Banks pushes for regulatory change to allow payment banks to lend in interaction with Manojit Saha

Topics
Fino Payments Bank | Reserve Bank of India


Manojit Saha |
Bombay



Fino Payments Bank completed its five years of operation in June, making India’s only listed payments lender eligible to apply for conversion to a small finance bank (SFB). RISHI GUPTAmanaging director and managing director of the bank, tells Manojit Saha that the Board will consider such a decision in due course. Edited excerpts:


TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH.

SUBSCRIBE TO PERSPECTIVES


What do you get on Business Standard Premium?


WHERE







Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

First published: Monday 04 July 2022. 00:00 IST

Comments are closed.