With its CEO under arrest and digital revenues halving over three quarters, the crisis-hit Fino Payments Bank has seen its UPI transaction value plunge 50% between November 2025 and January 2026.
Manish Khera is driving FINO to sell financial products to India's financially underserviced masses.
Financial inclusion facilitating firm Fino today said it has acquired Finnish handset-maker Nokia's mobile payment services business in the country for an undisclosed sum that will help it enter prepaid mobile payments segment.
The much anticipated and awaited Budget 2012-13 turned out to be "business as usual" with no major changes or path breaking efforts. It was more a continuation of last year's budget.
Rural banking got a new lease of life in the year 2005-06 when the regulator announced policy on financial inclusion through Business Correspondent (BC) model.
FINO is a business and banking technology platform combined with extensive services delivery channel.
Young Turks Dream Decade talks to an enterprenuer who has offered India's unbanked segment a chance to get a financial identity through Financial Information Network and Operations (FINO).
Blackstone Group LP will invest Rs 500 crore (USD 111 million) in Indian power producer VISA Power.
US private equity firm Blackstone Group said on Thursday it will invest Rs 150 crore (USD 34 million) in FINO, an Indian technology solutions provider for banks, microfinance institutions and insurance companies.
Blackstone Group is investing USD 150 million-USD 200 million in an Indian technology solutions provider for banks, microfinance institutions and insurance companies, two sources with direct knowledge of the deal said.