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The resolution to reappoint Mahendra Kumar Chouhan and Punita Kumar-Sinha was voted down by 80% of shareholders, which included 100% of the promoter group
Fino was one among the 11 entities given in-principle nod to start payments bank by RBI in Aug 2015
Payment bank licensee is awaiting RBI approval of its tie-up with Bharat Petroleum Corp, which has 21% stake in Fino Paytech