RNFI Services Ltd. Stock Analysis RNFI.NS

RNFI Services Ltd. is engaged in the business of Domestic Money Transfer (DMT), IMPS, Aadhar Enabled Payment System (AEPS), mobile recharges, railway and air tickets, cash management services, EMI collection services, delinquent loan collection, and other incidental businesses. The company is headquartered in New Delhi, Delhi and currently employs 1,412 full-time employees. The company went IPO on 2024-07-29. Its segments include Business Correspondent, Non-Business Correspondent, Full Fledge Money Changer (FFMC) and Direct Insurance Broking. Business Correspondent segment comprises all services which are covered under business correspondent guidelines issued by Reserve Bank of India such as AEPS, MATM, DMT and others. Non-Business Correspondent segment comprises all services other than business correspondent services which are available on the Company’s business portal & used by merchants for catering to their customers such as recharge, flight/IRCTC Ticket Booking, CMS, PAN, and BBPS. FFMC segment comprises all sale & purchase of foreign currency & services that belongs to FFMC.