Revenue: Increased by 25% YoY to INR461 crores in Q3 FY25. Profit Before Tax (PBT): Grew by 25% YoY to INR28.5 crores. Profit After Tax (PAT): Reached INR23 crores, despite being a tax-paying entity ...

Fino Payments Bank has applied for a small finance bank (SFB) license with the Reserve Bank of India (RBI). “During the quarter ended December 31, 2023, the Reserve Bank of India has received one ...

Fino, which was a remittance service provider, has converted most of its Fino Money Mart outlets into bank branches after getting licence from the Reserve Bank. The company started operations in July ...

He said that during the initial few years of being a SFB, Fino would focus on small ticket value loans for customers and working capital loans for merchants. “After the Board discussion and approval ...

Fino Payments Bank on Friday (July 28) reported an 85% year-on-year jump in its profit after tax (PAT) to INR 18.7 Cr in the June quarter (Q1) of the financial year 2023-24 (FY24), helped by a growing ...

Mumbai: Fino Payments Bank has applied to RBI for a licence to operate as a small finance bank. Fino is one of the six remaining payment banks and the only one to be listed on stock exchanges. The ...

https://www.thehindubusinessline.com/money-and-banking/fino-payments-banks-sfb-is-a-payments-bank-strategy-ceo-rishi-gupta/article68729479.ece Copy Fino Payments Bank ...

Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. FINO Payments Bank Ltd. ( (IN:FINOPB)) ...

Fino Payments Bank on Friday announced that it has partnered with Go Digit General Insurance, one of India’s fastest growing general insurers, to offer shop insurance policy to small and medium ...

The bank said its total deposits increased 66% y-o-y to ₹1,200 crore in FY23 from ₹724 crore in FY22. It opened 8.3 lakh new bank accounts in Q4FY23, up 23.7% y-o-y. Its platform facilitated more than ...

Fino Payments Bank Ltd (BOM:543386) reported a strong year-on-year revenue growth of 25%, demonstrating the resilience of its business model. The company achieved a 22% increase in EBITDA and a 26% ...

Fino Payments Bank has applied to the Reserve Bank of India (RBI), seeking a small finance bank license, the regulator said in a release. “During the quarter ended December 31, 2023, the RBI received ...