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.
Bajaj Finance shares rally 5% after Q1 results. What Nomura, Nuvama, other brokerages expect
Bajaj Finance shares jumped after the NBFC reported a strong Q1 FY27 performance, with standalone net profit rising 28% YoY to Rs 6,081 crore and