Archive · 6 Jan 2026
Fino Payments Bank to Suspend Services for System Migration
Fino Payments Bank will stop all its services for two days starting from the night of January 8, 2026, until January 10, 2026.
This is because they are moving their banking system to a new platform called Finacle.
The bank wants customers to plan their transactions before this time because no banking services will be available.
This change is part of their plan to make their technology better.
The new system will help the bank work more efficiently and offer better services.
The bank's stock price went down a little on January 6, 2026.
Fino Payments Bank will suspend all services from January 8, 2026, 10 PM to January 10, 2026, 11:59 PM for system migration.
The migration involves shifting to the Finacle core banking platform to enhance technology infrastructure.
Customers are advised to plan transactions in advance to avoid inconvenience during the downtime.
The new system aims to improve operational efficiency, system resilience, and scalability.
Fino Payments Bank's stock price fell by 1.74% to ₹251.20 on the NSE on January 6, 2026.
- Who
- Fino Payments Bank Ltd
- What
- Suspension of all banking services for two days
- When
- From 10 PM on January 8, 2026, to 11:59 PM on January 10, 2026
- Where
- All branches and digital platforms of Fino Payments Bank
- Why
- Planned migration of the core banking system to the Finacle platform
- Bank
- Fino Payments Bank Ltd
- Downtime Period
- January 8, 2026, 10 PM to January 10, 2026, 11:59 PM
- Reason for Downtime
- Core Banking System migration to Finacle platform
- Expected Benefits
- Improved operational efficiency, enhanced system resilience, greater scalability
- Stock Price Change
- Down 1.74% to ₹251.20 on NSE on January 6, 2026