Being a payments bank, Mumbai-based Fino cannot offer credit from its own balance sheet. It needs to work with other lenders as a sourcing partner. The bank is currently undertaking pilots around products such as home loans, gold loans and other micro-credit products for merchants.
These 6 penny stocks slip 20-25% in a week
In the week ending February 21, the benchmark Sensex index saw a decline of about 1%. Amid this downturn, 6 penny stocks experienced significant drops