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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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