Fino Payments Bank
328.85
-1.20(-0.36%)
Market Cap₹2,746.60 Cr
PE Ratio31.78
IndustryBanks
Company Performance:
1D-0.36%
1M+18.12%
6M+30.71%
1Y-24.45%
5Y-39.54%
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More news about Fino Payments Bank
30Jul 25
Fino Payments Bank Reports Mixed Q1 Results Amid Regulatory Changes
Fino Payments Bank's Q1 results show total income up 4% to ₹453.47 crore, but net profit down 27% to ₹17.76 crore. Key growth areas include a 34% rise in average deposits, 54% increase in digital throughput, and 26% growth in digitally active customers. CASA and Digital Payment Services revenue grew by 40%, while traditional business declined 43% due to tighter regulations. The bank processed over 97 crore transactions, a 39% year-on-year increase. Management remains optimistic about long-term growth prospects, focusing on enhancing UPI offerings and awaiting evaluation of their Small Finance Bank license application.
02Jul 25
Fino Payments Bank Sets Ambitious Rs 100 Crore Profit Target for FY26, Riding Digital Wave
Fino Payments Bank aims to achieve Rs 100 crore profit in FY26, driven by its growing digital transactions which now account for 49% of transaction volume. The bank is expanding its merchant network, adding 1.5-2 lakh merchants annually, with a current network of 19 lakh merchants. Fino is collaborating with NBFCs to introduce lending products and has applied for a small finance bank license to broaden its services.
07May 25
Fino Payments Bank Gears Up for Small Finance Bank Transition, Awaits RBI Approval
Fino Payments Bank is awaiting RBI approval to upgrade from a payments bank to a small finance bank. The transition aims to expand service offerings and address challenges in the payments bank sector. The bank is focusing on secured loans and building organizational capacity in preparation for this change. If approved, this move could allow Fino to offer a broader range of banking services, expand its customer base, and increase revenue streams.
28Apr 25
Fino Payments Bank: Revenue Surges 25% to ₹1,847 Crore in FY25, Q4 FY23 Net Profit at ₹240 Million
Fino Payments Bank demonstrated robust financial performance in FY25 with revenue reaching ₹1,847.00 crore (25% YoY growth) and profit before tax at ₹108.30 crore (26% YoY increase). Digital transactions grew by 29% YoY, processing over ₹4.60 lakh crore. In Q4 FY23, the bank reported a net profit of ₹240.00 million and revenue of ₹528.00 million, marking a 27.54% YoY revenue growth. The customer base expanded to 1.43 crore, and the bank invested ₹150.00 crore in technology infrastructure.
Fino Payments Bank
328.85
-1.20
(-0.36%)
1 Year Returns:-24.45%
Industry Peers
Fino Payments Bank
328.85
(-0.36%)