Fino Payments Bank to source gold loans for banks

Tuesday, 28 November 2017 - 09:53:26

Fino Payments Bank eyes Rs1,500 crore gold loan portfolio by FY19

Chennai: Fino Payments Bank on Tuesday announced its new strategy ā€” to partner with various banks to source gold loans as third party product in an effort to increase its earnings.

 

With this cross selling of third party products, Fino Payments Bank has decided to source gold loans on behalf of banks in all its 410 branches. As on date, Fino Payments Bank has sourced gold loans -- with average ticket size of around Rs 1 lakh ā€” worth Rs 200 crore for around 30,000 customers.

Source: Times of India (Chennai - Rachel) Click to read more.

 

Fino Payments Bank eyes Rs1,500 crore gold loan portfolio by FY19

New Delhi: Fino Payments Bank on Tuesday said it has partnered with various banks to source gold loans worth Rs1,500 crore, as a third-party product, by the end of March 2019. Through this partnership, it will source gold loans on banksā€™ behalf from across its 410 branches as well as access points.

Source: livemint Click to read more.

 

Fino Payments Bank eyes Rs1,500-cr gold loan portfolio by FY19

New Delhi: Fino Payments Bank today said it has partnered with various banks to source gold loans worth Rs 1,500 crore, as a third-party product, by the end of March 2019.

 

Through this partnership, it will source gold loans on banks' behalf from across its 410 branches as well as access points.

Source: Times of India (Delhi- PTI) Click to read more.

 

Fino Payments Bank eyes Rs 1,500 cr gold loan portfolio by FY19

Fino Payments Bank said it has partnered with various banks to source gold loans worth Rs 1,500 crore, as a third-party product, by the end of March 2019.

 

Through this partnership, it will source gold loans on banks' behalf from across its 410 branches as well as access points.

Source: Moneycontrol Click to read more.

 

Fino Payments Bank eyes Rs 1,500-crore gold loan portfolio by FY19

New Delh: Fino Payments Bank today said it has partnered with various banks to source gold loans worth Rs 1,500 crore, as a third-party product, by the end of March 2019.

 

Through this partnership, it will source gold loans on banks' behalf from across its 410 branches as well as access points.

Source: The Economic Times Click to read more.