Fino Payments Bank Limited (FINOPB.BO)
Fino Payments Bank Limited operates in the Banks - Regional industry of the Financial Services sector, headquartered in Navi Mumbai, MA, IN. The stock last traded at $163.75, up 1.90% on the session, giving a market capitalisation of $13.63B. Its beta of 0.62 implies it has historically moved less than the broad market.
Based in Navi Mumbai, India, Fino Payments Bank Limited is a key provider of diverse financial services across the country, having been established in 2006. The institution conducts its operations across four primary divisions: Treasury, Corporate Banking, Retail Banking, and Other Banking Operations. Its comprehensive suite of offerings includes various account types such as savings, current, and sweep facilities, alongside fixed deposit options and connections for loan referrals. Customers can also access debit and prepaid cards. Beyond traditional banking, Fino provides an extensive array of transactional services, including mobile banking, bill payments, recharges, domestic money transfers, and advanced payment systems like FASTag and UPI. Additional specialized services encompass cash bazaar, AADHAAR seeding, and micro ATM facilities. The bank further extends its services to insurance, offering health, life, two-wheeler, and shopkeeper policies, and acts as a distributor for third-party financial products and as a business correspondent. Formerly known as Fino Fintech Limited, the company adopted its current name in April 2017 and operates as a subsidiary of FINO PayTech Limited.
Fino Payments Bank Limited is most often compared with the following Financial Services names: