Monthly Update10 Sept 2026, 01:56 pm
Fino Payments Bank: August 2026 Business Performance Update
AI Summary
Fino Payments Bank reported its business performance for August 2026, showing a 12% increase in Average Total Deposits to ₹2,821 Cr and a 15% rise in Digitally Active Customers to 65.6 Lakh. Loan referral disbursals saw a significant 367% jump to ₹243 Cr. However, Deposit Accounts Opened decreased by 22% YoY to 2,43,216, and Transaction Business Throughput fell by 19% to ₹3,770 Cr. The bank highlighted sustained deposit growth and healthy loan disbursal momentum, reinforcing its preparedness for a transition to a Small Finance Bank. These figures are provisional and unaudited.
Key Highlights
- Average Total Deposits grew 12% YoY to ₹2,821 Cr.
- Digitally Active Customers increased 15% YoY to 65.6 Lakh.
- Loan referral disbursals surged 367% YoY to ₹243 Cr.
- Deposit account openings declined 22% YoY.
- Transaction throughput decreased 19% YoY.
Price Impact
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