Fino Payments Bank October Deposits Cross ₹3,000 Cr

Fino Payments Bank reported its business performance for October 2026, highlighting key achievements and operational metrics. Total deposits surpassed the ₹3,000 Cr mark, reaching ₹3,044 Cr on October 17th. While deposit accounts opened saw a 19% year-on-year decrease to 2,29,765, renewal income grew by 4% to ₹23.0 Cr, and average total deposits increased by 9% to ₹2,886 Cr. Digitally active customers rose 12% to 65.1 Lakh. Transaction business throughput decreased by 18% to ₹3,541 Cr, but CMS throughput saw a 12% increase to ₹7,514 Cr, reaching its highest monthly level since October 2024. Loan referral disbursements surged by 316% to ₹301 Cr, indicating growing momentum towards the bank's transition to a Small Finance Bank.