Ref: Response to the letter received from National Stock Exchange of India Limited dated November 25, 2022
This is with reference to aforesaid letter received from National Stock Exchange of India Limited seeking clarification in respect of significant movement in price of shares of Fino Payments Bank Limited ("Bank") across Exchanges, in the recent past.
In this regard, we wish to inform that there is no undisclosed information and/or announcement (including impending announcement) which in our opinion may have a bearing on the price behaviour of the Bank's Scrip. The Bank has made necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as and when required) within stipulated time frame and all such disclosures are in public domain.
The movement in the price of the Bank's scrip is purely market driven.
Fino Payments Bank Ltd. published this content on 25 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2022 20:44:03 UTC.
Fino Payments Bank Limited (FPBL) is an India-based scheduled commercial bank, which is engaged in providing digital based financial services. FPBL offers savings account, current account, BPay mobile banking and wallet application (app), loans, and insurance services. It also provides business and banking technology platform. The Company's savings account offers Aarambh savings account, Suvidha savings account, Shubh savings account, Pratham savings account, Saral salary account, Bhavishya savings account, and Jan savings account. The Company's current account offers Pragati current account and Sampann current account. The Company's insurance service consists of life and health insurance. The Company operates four bank branches and 130 customer service points.