Quarterly Updates6 Aug 2026, 07:50 pm
Fino Payments Bank: July'26 Deposits Up 12%, Digitally Active Customers Rise 21%
AI Summary
Fino Payments Bank Ltd has released its business performance update for July 2026. The bank saw a 9% increase in deposit accounts opened, reaching 3,27,771. Renewal income grew by 5% to ₹23.6 Cr, and average total deposits increased by 12% to ₹2,766 Cr. Digitally active customers rose by 21% to 66.3 Lakh, and FinoPay active customers saw a significant 34% jump to 8.9 Lakh. However, transaction business throughput decreased by 25% to ₹3,074 Cr. Digital payments services B2B UPI P2M throughput was nil, a 100% decrease. Loan referral disbursals surged by 304% to ₹241 Cr. The bank is progressing with its Small Finance Bank implementation within RBI timelines. The figures are provisional and unaudited.
Key Highlights
- Average total deposits grew 12% YoY to ₹2,766 Cr in July 2026.
- Digitally active customers increased 21% to 66.3 Lakh.
- Loan referral disbursals saw a substantial 304% YoY growth.
- Transaction business throughput declined 25% YoY.
- Small Finance Bank transition is actively in progress.
Price Impact
More from FINOPB