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    Question

    What is the duration provided to Fino Payments Bank to

    complete its transition into a Small Finance Bank (SFB)?
    A 6 months Correct Answer Incorrect Answer
    B 12 months Correct Answer Incorrect Answer
    C 18 months Correct Answer Incorrect Answer
    D 24 months Correct Answer Incorrect Answer
    E 36 months Correct Answer Incorrect Answer

    Solution

    Fino Payments Bank has been given 18 months to complete its transition into a Small Finance Bank after receiving RBI’s approval.

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