Patiala, August 19, 2019: Two persons, including a bank manager of Fino Payment Bank, have been arrested by the Patiala police for defrauding 200 persons. They were part of a gang of cyber criminals operating from Jharkhand.
Fino Payments Bank, which started operations in July 2017 with 400 Branches in 14 States, was earlier in news for wrong reasons when RBI barred the bank for non compliance of operational guidelines and from adding new customers for almost 5 months in 2018.
Further details awaited...