Business Update8 May 2026, 04:30 pm
Fino Payments Bank: Loan Referral Disbursals up 204% YoY in April
AI Summary
Fino Payments Bank reported a 204% YoY increase in loan referral disbursals, reaching ₹166 Cr in April 2026. The bank's CASA accounts opened increased by 9% YoY to 2,36,437. Average total deposits grew by 13% YoY to ₹2,801 Cr. Digitally active customers increased by 19% YoY to 62.1 lakh, with FinoPay active customers up 28% YoY to 7.7 lakh. Renewal income also saw a 9% YoY increase, reaching ₹19.3 Cr. Transaction business throughput decreased by 47% to ₹2,649 Cr, and digital payments services B2B throughput decreased by 96% to ₹101 Cr due to strategic recalibration.
Key Highlights
- Loan referral disbursals surged by 204% YoY to ₹166 Cr in April 2026.
- CASA accounts opened increased by 9% YoY to 2,36,437.
- Average total deposits grew by 13% YoY to ₹2,801 Cr.
- Digitally active customers increased by 19% YoY to 62.1 lakh.
- Renewal income grew by 9% YoY to ₹19.3 Cr.