ICICI Pru acquires 8.41% stake in Fino Paytech for Rs 100 crore


ICICI Prudential Life Insurance has acquired 8.41% stake in Fino Paytech Ltd (FPL) for a total consideration of Rs 100 crore. FPL provides technology-based solutions and services related to financial inclusion. Earlier this month, FPL was granted payment bank licence by the RBI.

So, let’s discuss some questions related to this post:
Q1. Name the Private lender, which has acquired 8.41% stake in Fino Paytech Ltd (FPL) for a total consideration of Rs 100 crore?
Ans1. ICICI Prudential Life Insurance 
Source-The Indian Express

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