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Quarterly Updates6 April 2026 at 01:41 pm

Fino Payments Bank Ltd Reports Strong Q4FY26 Performance: 7 Lakh New Bank Accounts, Highest Renewal Income, Robust Loan Referrals

AI Summary

Fino Payments Bank Ltd has reported its business performance for Q4FY26, highlighting a significant increase in new bank accounts, highest-ever quarterly renewal income, and robust loan referrals. The bank opened approximately 7 lakh new bank accounts in Q4FY26, bringing the total customer base to ~1.75 crore. The highest-ever quarterly renewal income was ₹62.2 crore. Deposits peaked at ₹2,950+ crore in March 2026. Loan referrals saw a strong momentum with 96% growth over Q3FY26, reaching ~₹600 crore through partner institutions. However, transaction business declined by ~30% vs Q3FY26 due to muted January & February 2026 but recovered in March 2026. Digital payment services moderated by ~25% vs Q3FY26, but the bank is focusing on building a high-quality, active, and risk-mitigated merchant base. The bank remains committed to strengthening core liabilities, improving the quality of business, and building scalable growth drivers aligned with its strategic roadmap.

Key Highlights

  • 7 lakh new bank accounts opened in Q4FY26
  • Highest-ever quarterly renewal income of ₹62.2 crore
  • Deposits peaked at ₹2,950+ crore in March 2026
  • 96% growth in loan referrals over Q3FY26
  • Focus on building high-quality, active, and risk-mitigated merchant base in digital payment services