Fino Payments Bank Limited provides financial solutions and services in India. It operates in four segments: Treasury, Corporate Banking/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings, current, and salary accounts; personal, home and property, gold, and referral loans; debit and prepaid cards; and life, health, general, motor, and shopkeeper insurance products, as well as fixed deposit and sweep account facility. It also provides open, internet, and BC banking, as well as mobile banking through the FinoPay app; merchant services; and unified payments interface, recharge, and bills payments. In addition, the company offers other banking operations, including business correspondent, digital payment, cash management, domestic money transfer, and micro ATM services, as well as Aadhaar enabled payment systems; and digital savings accounts. The company was formerly known as Fino Fintech Limited and changed its name to Fino Payments Bank Limited in April 2017. The company was founded in 2006 and is based in Navi Mumbai, India. Fino Payments Bank Limited is a subsidiary of FINO PayTech Limited.
Metrics to compare | FINY | Peers Peers - average of corresponding metrics from companies closely matching FINY: SBIN, IDFCFIRSTB, AXISBANK, ICICIBANK, HDFCBANK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFINYPeersSector |
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P/E Ratio | 27.2x | 11.7x | 9.7x | |
PEG Ratio | −4.17 | 0.30 | 0.03 | |
Price/Book | 3.1x | 1.3x | 1.0x | |
Price / LTM Sales | 1.3x | 3.0x | 2.9x | |
Upside (Analyst Target) | 23.0% | 18.6% | 10.4% | |
Fair Value Upside | Unlock | 11.1% | 0.9% | Unlock |