RBI in May had directed the Mumbai-based payments bank to halt account opening functions till it modifies its processes to adhere to the regulator's rules on deposit limit, which mandates payments banks to restrict deposits to Rs 1 lakh.
from Top Business News- News18.com https://ift.tt/2Pp38Ue
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RBI Ban: Fino Payments Bank Eyes New Streams to Make up For Revenue Loss
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