Fino Bank set to break even
Monday, 22 January 2018 - 11:45:41
Mumbai: The jury may be still out on the future of payment banks in India. However, Fino Payments Bank, which started operations in September 2017, is looking to break even in the next couple of years.
The entity expects its robust customer growth to continue even as it readies a host of services both on the liabilities and asset fronts as part of its strategy to diversify its revenue stream.
FINO PayTech was chosen by UIDAI to demonstrate the tech enabled payment mechanism at the national launch of Aadhaar-based service delivery.