Welcome to Multibagg AI
Log in to access personalized features
Discovery themes featuring this stockBearish
4
Neutral
3
Bullish
7
Bearish
36
Neutral
3
Bullish
7
Bearish
32
Neutral
0
Bullish
0
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Home
Dashboard
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Fino Payments Bank is primarily engaged in providing digital financial services through a vast network of merchants, focusing on underserved and unbanked populations in India. Its operations are driven by fee and commission income rather than interest income.
The bank is transitioning to a Small Finance Bank (SFB) after receiving in-principle approval from the Reserve Bank of India, marked as a 'once in a lifetime achievement'. This transition will expand its service offerings and revenue streams.
Achieving consistent profitability over five consecutive years, the bank has successfully increased its average deposits by 32% YoY, reducing its cost of funds to an impressive 1.7%.
With a strong technological foundation, including the Finacle Core Banking Platform, Fino enhances operational efficiency and customer service, solidifying its position as a leader in digital banking services.
Leveraging a vast merchant network, Fino drives a low-cost acquisition strategy, ensuring scalability and resilience in achieving its growth targets within the competitive banking sector.
Banks
Other Bank
1,407 Cr
High Risk
20.3
13.0
0.5
1.9
339.00
167.80
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q2 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q1 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY24
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Fino Payments Bank Ltd (FINOPB) is currently trading at 169.05 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Fino Payments Bank is primarily engaged in providing digital financial services through a vast network of merchants, focusing on underserved and unbanked populations in India. Its operations are driven by fee and commission income rather than interest income. The bank is transitioning to a Small Finance Bank (SFB) after receiving in-principle approval from the Reserve Bank of India, marked as a 'once in a lifetime achievement'. This transition will expand its service offerings and revenue streams. Achieving consistent profitability over five consecutive years, the bank has successfully increased its average deposits by 32% YoY, reducing its cost of funds to an impressive 1.7%. With a strong technological foundation, including the Finacle Core Banking Platform, Fino enhances operational efficiency and customer service, solidifying its position as a leader in digital banking services. Leveraging a vast merchant network, Fino drives a low-cost acquisition strategy, ensuring scalability and resilience in achieving its growth targets within the competitive banking sector.
Over the past 52 weeks, Fino Payments Bank Ltd has traded between a low of ₹167.80 and a high of ₹339.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Fino Payments Bank Ltd has a market capitalization of approximately 1,406.81. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Fino Payments Bank Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 20.32 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,406.81 Cr, Fino Payments Bank Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Fino Payments Bank Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Fino Payments Bank Ltd is 20.32. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
In December 2025, Fino Payments Bank received an in-principle approval from the RBI to convert into a Small Finance Bank (SFB), making it the first payments bank in India to achieve this milestone.
Rishi Gupta was arrested by the Directorate General of GST Intelligence (DGGI) in connection with a probe into alleged GST evasion. The bank states the investigation pertains to its business partners and not its own GST compliance.
Rishi Gupta was arrested by tax authorities under GST laws. The bank has stated the investigation is related to certain business partners and not the bank's own GST compliance.
Rishi Gupta was arrested under sections of the CGST and SGST Act, 2017. The investigation is related to the activities of the bank's business partners and not the bank's own GST compliance.
| Symbol | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
56.22 | 6,435 Cr | -95.35 | 1.10 | 1.77 | -1.15 | 5.89 | 0.30 | |
352.15 | 3,716 Cr | 12.00 | 0.87 | 0.00 | 7.19 | 7.02 | 1.49 | |
12.26 | 2,182 Cr | -2.14 | 0.66 | 0.00 | -40.10 | 2.36 | 0.09 | |
169.05 | 1,407 Cr | 20.32 | 1.87 | 0.00 | 8.82 | 4.73 | 2.43 | |
131.40 | 1,402 Cr | 20.40 | 0.70 | 0.00 | 3.44 | 6.56 | 0.84 | |
24.24 | 1,250 Cr | -3.36 | 0.71 | 0.00 | -21.28 | 4.87 | -1.94 | |
236.00 | 1,076 Cr | 7.93 | 0.77 | 1.68 | 9.74 | 6.50 | 1.35 | |
| Median: 7 Co. | 131.40 | 1,407 Cr | 7.93 | 0.77 | 0.00 | 3.44 | 5.89 | 0.84 |
Business Performance
Fino Payments Bank reports record total deposits of ~Rs 2,900 crore as on Mar 13, 2026, ~9% growth in two weeks and ~1.5 lakh new accounts opened since Feb 27, 2026 (≈10k/day), driven by new core banking platform.
Business Performance Update
Fino Payments Bank reported a record total deposit balance of ~Rs 2,900 crore as of Mar 13, 2026, deposits up ~9% in two weeks and ~1.5 lakh new accounts opened since Feb 27, 2026.
Legal Proceedings
Hon'ble XXIII Addl. City Civil & Sessions Judge (Bengaluru) rejected Fino Payments Bank's application to remove a CID-marked lien of ₹11.92 crore related to an investigation; the Bank will file an appeal in the Karnataka High Court.
Credit Rating
ICRA has affirmed Fino Payments Bank's [ICRA]BBB+/[ICRA]A2+ long/short‑term overdraft rating but placed it on 'Watch with Developing Implications' on March 10, 2026 after the arrest of the bank's MD & CEO; rated limits total Rs. 294.54 crore.
ESG Rating
Fino Payments Bank notifies that Crisil ESG Ratings & Analytics Ltd reviewed and assigned a 'Crisil ESG 54' rating for fiscal 2025 based on FY2025 disclosures and public data (report dated March 09, 2026).
