Fino Payments Bank Ltd Announces Migration of Core Banking System

Fino Payments Bank Limited has announced the exchanges that in its continued efforts to remain a leader in technology innovation and to deliver
Fino Payments Bank Ltd Announces Migration of Core Banking System - PSU Connect News

New Delhi: Fino Payments Bank Limited has announced the exchanges that 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.

 

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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.

Therefore, in this regard, the financial institution is to inform 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 are closed at Rs 251.20, down by 1.74% at BSE.

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