Fino Payments Bank Ltd
Fino Payments | 543386
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About Company
- Fino Payments Bank Limited was incorporated as Fino Fintech Foundation on 23 June, 2007
- The name of the Company was changed to Fino Fintech Private Limited and a fresh Certificate of Incorporation dated 15 December, 2015 was issued by Registrar of Companies, Maharashtra at Mumbai
- Thereafter the name was changed to Fino Fintech Limited on 03 February, 2017
- Pursuant to receipt of approval by RBI, the name of the Bank was changed to Fino Payments Bank Limited on 04 April, 2017
- Fino PayTech Limited is the Bank's sole promoter, specialising in technology based solutions and services for financial inclusion
- The Bank is a wholly owned subsidiary of Fino PayTech Limited
- The Bank is engaged in providing a wide range of financial services to the rural,poor and underserved and unserved classes
- Fino Payments Bank offers a diverse range of financial products and services that are primarily digital and have a payments focus, and operates an asset light business model that principally relies on fee and commission based income generated from merchant network and strategic commercial relationships
- The Bank commenced its business operations on 30 June 2017
- The Company launched Cash Management Services (CMS) in FY 2020
Ethics: Fino Payments Bank Ltd is flagged for
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Fino Payments Bank Ltd?
The current share price of Fino Payments Bank Ltd (Fino Payments) is ₹139.50. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Fino Payments Bank Ltd?
Fino Payments Bank Ltd has a 52-week high of ₹339.00 and a 52-week low of ₹110.03. This range shows the stock's price volatility over the past year.
What is the ROE of Fino Payments Bank Ltd?
Fino Payments Bank Ltd has a Return on Equity (ROE) of 10.78%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
