FND 5.12% $5.75 findi limited

Ann: Half Yearly Report and Accounts, page-20

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  1. 1,051 Posts.
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    Yes - I think this is also important to note (from the 6 monthly report) the removal of ‘third party outsourcing’ will also add value to Findi before considering the White Label Licence.

    “The Company has been providing ATMs for SBI through a third-party outsourcing contract since 2016, which was due to expire in December 2023. The Company will now contract directly with SBI, India’s largest bank. The ATMs will largely be at the existing service sites eliminating the initial time required to ramp up customer transaction volumes and with the current third-party contract continuing in the interim.”

    Cheers Anton.

 
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