Should I invest in Fino?
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Should I invest in Fino?
According to stock market experts, Fino Payments Bank is a fast growing fintech firm and one can keep this stock in one’s portfolio for long-term. They advised long-term investors to buy the counter at around 10 per cent below its upper price band and keep on accumulating for next 10 per cent lower levels.
Is Fino Bank IPO good or bad?
“At the higher end of the price band, the stock would be trading at P/E of 220x FY2021 fully diluted EPS of Rs 2.6 which is expensive. Despite strong growth prospects, we believe that valuations do not justify the premium and hence we have a ‘neutral’ recommendation to the IPO,” ICICI Direct said.
What does Fino bank do?
Fino Payments Bank is the Digital Banking Partner for millions of hardworking Indians. Hamesha. We are present in 90\% of India’s districts with over 724671 banking outlets, 54 Bank Branches and 130 Customer Service Points.
What type of bank is Fino payment bank?
scheduled bank
fino payments bank: Fino Payments Bank is now a scheduled bank, BFSI News, ET BFSI.
What is payment Bank India?
Payments banks is an Indian new model of banks conceptualised by the Reserve Bank of India (RBI) without issuing credit. Both current account and savings accounts can be operated by such banks. Payments banks can issue ATM cards or debit cards and provide online or mobile banking.
What is the full form of Fino?
Notes: Financial Inclusion Network and Operations (FINO), based in the financial capital of India, is an integrated technology platform and delivery channel, enabling sourcing and servicing micro customers on a large scale.
Who is the owner of Fino payment bank?
Rishi Gupta (Feb 23, 2015–)
FINO PayTech/CEO
How do I open a fino payment bank?
How do I open a Fino Savings account?
- Visit our Fino Payments Bank Branch.
- Visit our Fino registered merchant points.
- Call us on our customer care number 022 6868 1414.
- Place a request through our website.