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Fino pushes asset light tech first bid to become a small finance bank

Business
Published on 30 April 2026
Fino pushes asset light tech first bid to become a small finance bank

No traditional branches as secured lending gets priority

Fino Payments Bank is advancing its move to become a small finance bank with an asset light, technology led approach. Instead of expanding through a traditional branch network, it plans to grow via secured lending and digital capabilities. The transition remains on track even as leadership reviews continue, with home loans, gold loans and business loans in focus.

  • Fino is moving from payments to a small finance bank
  • Strategy prioritises technology and secured lending over branches
  • Home, gold and business loans are central to the rollout
  • Leadership reviews are ongoing but the plan is still on track
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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