Fino Payments Bank holdco says changes in board composition due to policy decision


Fino Payments Bank holdco says changes in board composition due to policy decision

Fino Payments Bank on April 30 had said that its shareholders rejected the proposals to increase the authorised share capital of the bank and alteration of capital clause of Memorandum of Association (MoA); as well as the reappointment of independent directors Mahendra Kumar Chouhan and Punita Kumar Sinha.

Based in Singapore, Bank-Genie develops digital solutions that enables banks to overcome prohibitive costs to set up branches in remote locations and make banking accessible to unbanked populations, as per the Today tabloid.


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