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Fino Payments Bank (NSE:FINOPB) Effective Interest Rate on Debt % : 12.38% (As of Mar. 2025)


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What is Fino Payments Bank Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Fino Payments Bank's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹1,040 Mil. Fino Payments Bank's average total debt for the quarter that ended in Mar. 2025 was ₹8,395 Mil. Therefore, Fino Payments Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 12.38%.


Fino Payments Bank Effective Interest Rate on Debt % Historical Data

The historical data trend for Fino Payments Bank's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fino Payments Bank Effective Interest Rate on Debt % Chart

Fino Payments Bank Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 6.54 7.11 13.86 13.76 12.96

Fino Payments Bank Quarterly Data
Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.90 13.41 12.59 12.89 12.38

Competitive Comparison of Fino Payments Bank's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Fino Payments Bank's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fino Payments Bank's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Fino Payments Bank's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Fino Payments Bank's Effective Interest Rate on Debt % falls into.


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Fino Payments Bank Effective Interest Rate on Debt % Calculation

Fino Payments Bank's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -1005.8/( (7126.5+8394.6)/ 2 )
=-1  *  -1005.8/7760.55
=12.96 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7126.5 + 0
=7126.5

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8394.6 + 0
=8394.6

Fino Payments Bank's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -1039.6/( (0+8394.6)/ 1 )
=-1  *  -1039.6/8394.6
=12.38 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8394.6 + 0
=8394.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Fino Payments Bank  (NSE:FINOPB) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Fino Payments Bank Effective Interest Rate on Debt % Related Terms

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Fino Payments Bank Business Description

Industry
Traded in Other Exchanges
Address
TTC Industrial Area, Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8 th Floor, MIDC Shirwane, Juinagar, Navi Mumbai, MH, IND, 400 706
Fino Payments Bank Ltd is a fintech company offering a diverse range of financial products and services that are digital and have a payments focus. It offers such products and services to the target market through a pan-India distribution network and proprietary technologies. The business of the Bank has been segregated into four segments: Treasury, Corporate Banking, Retail Banking, and Other Banking Operations.

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