Fino Payments Bank Limited (FINOPB.NS)
Fino Payments Bank Limited operates in the Banks - Regional industry of the Financial Services sector, headquartered in Navi Mumbai, IN. The stock last traded at $163.70, up 2.02% on the session, giving a market capitalisation of $13.62B. Its beta of 0.58 implies it has historically moved less than the broad market.
Established in 2007 and headquartered in Navi Mumbai, India, Fino Payments Bank Limited, previously known as Fino Fintech Limited, provides a comprehensive range of financial services across India. This subsidiary of FINO PayTech Limited offers core banking solutions such as savings and current accounts, complete with a sweep account facility, as well as debit and prepaid cards. Its extensive service portfolio includes loan referral programs, various payment options like recharge, bill payments, remittances, and money transfers, alongside advanced payment systems such as mobile banking, UPI, and FASTag products. Additionally, the bank facilitates cash bazar, AADHAAR seeding, and micro ATM services. Further expanding its offerings, Fino Payments Bank distributes health, life, and two-wheeler insurance products, and provides third-party financial product distribution and business correspondent banking services. The bank boasts an impressive reach through its network of 724,671 banking outlets, 54 bank branches, and 130 customer service points.
Fino Payments Bank Limited is most often compared with the following Financial Services names: