Fino Payments Bank posts Q1 operating profit of ₹11cr despite COVID-19 setback1 min read . Updated: 13 Aug 2020, 07:27 PM IST
- The period has also seen 30 per cent jump in volumes from micro-ATMs and AEPS, 10 per cent rise in the number of customers having current and savings accounts
- Remittances have recovered as the migrants have started coming back to places of work, but still the volumes are 40% less
MUMBAI : Focusing on high margin verticals in the face of the pandemic-related setbacks on the mainstay remittances business helped Fino Payments Bank deliver handsome operating profit in the June quarter, a top company official said on Thursday.
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