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      Question

      The RBI granted in-principle approval to Fino Payments

      Bank to convert into a Small Finance Bank (SFB) in which month and year?
      A March 2026 Correct Answer Incorrect Answer
      B January 2026 Correct Answer Incorrect Answer
      C December 2025 Correct Answer Incorrect Answer
      D June 2024 Correct Answer Incorrect Answer
      E February 2026 Correct Answer Incorrect Answer

      Solution

      The RBI granted in-principle approval in December 2025 for Fino Payments Bank to transition into a Small Finance Bank, with a timeline of 18 months for completion.

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