Fino Payments Bank Ltd migrates Core Banking System

Fino Payments Bank Limited ("Fino" / "Bank") in its continued efforts to remain a leader in technology innovation and to deliver superior customer experience, announces the implementation of a new next-generation Core Banking System, as part of its ongoing digital transformation programme.

The new Core Banking System will serve as the Bank's digital backbone, enabling enhanced operational efficiency, greater system resilience and improved scalability. The platform will support the introduction of new and innovative product features, faster time-to-market and improved service delivery across all customer touchpoints. This strategic initiative will also enable the Bank to maintain a robust risk management and regulatory compliance.

In this regard, we would like to inform you that the migration activity of the Core Banking System to a new platform viz. "Finacle" is planned from January 08, 2026 (10:00 PM) to January 10, 2026 (11:59 PM). During this period, all the banking services shall not be available. The Bank is sending appropriate communications to its customers informing them about the same, to enable them to plan accordingly.

Shares of Fino Payments Bank Limited was last trading in BSE at Rs. 253.55 as compared to the previous close of Rs. 255.95. The total number of shares traded during the day was 6195 in over 173 trades.

The stock hit an intraday high of Rs. 255.55 and intraday low of 251.50. The net turnover during the day was Rs. 1567436.00.

Source : Equity Bulls

Keywords

FinoPaymentsBank Migration CoreBankingSystem