Fino Payments Bank has fixed the price band for its ₹1,200 crore initial public offering (IPO) at ₹560-577 apiece. The offer comprises a fresh issue of equity shares worth ₹300 crore and an offer-for-sale of 1.56 crore shares by the promoter of the company, Fino Paytech. The IPO will open for subscription on October 29 and close on November 2.