Issue of opening up liabilities needs relook: Fino Payments Bank MD & CEO

Rishi Gupta, MD & CEO, Fino Payments Banks stresses for a change in regulation to allow payments banks to lend in an interaction with Manojit Saha

Fino Payments Bank completed five years of operation in June, making India’s only listed payments lender eligible to apply for conversion into a small finance bank (SFB). RISHI GUPTA, the bank’s managing director & chief executive officer, tells Manojit Saha that the board will consider such a move at an appropriate time. Edited excerpts: 

Fino Payments Bank is now eligible for applying for a SFB licence. Is that something the board is looking at?

The first five years of journey was quite rewarding. Fino is one of the first banks to become profitable in the payments space and also the first listed