Fino Payments Bank
270.20
-2.00(-0.73%)
Market Cap₹2,248.56 Cr
PE Ratio26.34
IndustryBanks
Company Performance:
1D-0.73%
1M+7.41%
6M+31.90%
1Y-40.82%
5Y-50.32%
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Latest news about Fino Payments Bank
Fino Payments Bank Reports 4% Revenue Growth Amid Regulatory Challenges and Business Shifts Aug 06, 2025
Fino Payments Bank Limited reported a 4% year-on-year revenue growth to ₹453.00 crores for Q1, with EBITDA increasing by 16% to ₹62.00 crores and cash profit growing by 20% to ₹50.50 crores. CASA accounts reached nearly 1.5 crores, and average deposits rose 34% year-on-year. The bank faced challenges including a decline in remittance business due to regulatory changes and concerns over fraudulent accounts. Despite these, digital payment services revenue grew 59% year-on-year. The bank has applied for a small finance bank license and is investing in technology upgrades, including core banking system migration and AI tools implementation.
Fino Payments Bank Reports Stable Q1 Performance, Eyes SFB License and Digital Expansion Jul 30, 2025
Fino Payments Bank Reports Mixed Q1 Results Amid Regulatory Changes Jul 30, 2025
Fino Payments Bank Sets Ambitious Rs 100 Crore Profit Target for FY26, Riding Digital Wave Jul 02, 2025
Fino Payments Bank Gears Up for Small Finance Bank Transition, Awaits RBI Approval May 07, 2025
More news about Fino Payments Bank
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
270.20
-2.00
(-0.73%)
1 Year Returns:-40.82%
Industry Peers
Fino Payments Bank
270.20
(-0.73%)