Fino Paytech: Fino Payments Bank goes live with enhanced deposit limit of Rs 2 lakh for MSMEs, small traders, others
RBI had last month announced an increase in the maximum balance limit at the end of the day for payments banks to Rs 2 lakh from Rs 1 lakh earlier in order to boost financial inclusion.
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Fino PayTech provides payment and mobile based banking technology solutions for banks, government and insurance sectors.
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