Synopsis:

Fino Payments Bank Limited has settled a case with SEBI for not reporting employee frauds on time and paid Rs. 5.88 lakh as part of the resolution.

The shares of a small-cap company focused on offering a variety of financial services to the rural, low-income, and underserved classes caught investors’ attention after the bank settled the case with SEBI.

With a market capitalization of Rs.2,564.79 crores, the shares of Fino Payments Bank Limited were trading at Rs.308.20, up by 3.09 percent from its previous day closing price of Rs.298.95.

What’s the news?

On Monday, Fino Payments Bank Limited solved a case with SEBI over the delays in reporting employee fraud and paid Rs. 5.88 lakhs as part of the settlement. The settlement order was received on 6th October,2025, resolvin

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