BANKING & FINANCE
Fino Payments Bank’s Referral Lending At ₹540 Cr, Till March 2026
Fino Payments Bank is witnessing strong momentum in its referral lending business through its merchant-led distribution channel, with disbursements reaching ₹540 crore as of March 20, 2026. The bank expects to close the current quarter at nearly 90% of the cumulative disbursements recorded in the first three quarters (₹700 crore), putting it on track to […]
CW Bureau
·
Mar 25, 2026
BANKING & FINANCE
SBI Raises ₹6,051-Cr Via Tier-2 Bonds at 7.05% Coupon Rate
State Bank of India (SBI) has raised ₹6,051 crore through its second Basel III-compliant Tier 2 bond issuance in the current financial year, at a coupon rate of 7.05%. The bonds carry a tenor of 10 years, with a call option after five years and on every anniversary thereafter. The issue has been rated AAA […]
CW Bureau
·
Mar 18, 2026
RETAIL/FMCG
Fino Payments Bank Deposits Hit Record ₹2,900 Cr In Two Weeks
Fino Payments Bank has reported its highest-ever total deposit balance of ₹2,900 crore over the past two weeks, even as the payments bank has recently faced scrutiny and negative headlines. In a regulatory filing, the bank said deposit balances rose nearly 9% in the last two weeks to reach the all-time high as of March […]
CW Bureau
·
Mar 14, 2026
