Fino Payments Bank Ltd

Fino Payments Bank announced its Q1 FY'27 results, reporting a 32% year-on-year decline in revenue to ₹306.9 crore and a 14% drop in net revenue to ₹131.2 crore. This was attributed to the recalibration of its B2B UPI P2M business and cash-driven transaction segments. Despite the revenue dip, the bank achieved its highest quarterly net revenue margin of 42.8%, driven by a 54% contribution from the high-margin CASA segment. The bank is focusing on a retail-centric, fee-based, asset-light model and is progressing towards its Small Finance Bank (SFB) transition, with loan referral disbursals surging 214% YoY. CASA customer base grew 22% YoY to 1.83 crore.

Fino Payments Bank Limited announced the outcome of its Board Meeting held on August 13, 2026. The Board approved the Unaudited Financial Results for the first quarter ended June 30, 2026, along with the Limited Review Report from the Statutory Auditors. The meeting commenced at 2:00 PM IST and concluded at 6:15 PM IST. The financial results will also be available on the bank's website.

Fino Payments Bank Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The Board of Directors approved the results along with the Limited Review Report from the statutory auditors. The meeting commenced at 02:00 p.m. (IST) and concluded at 06:15 p.m. (IST). The financial results will also be available on the bank's website.

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.

Fino Payments Bank Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item for this meeting is to consider and approve the Un-audited Financial Results for the first quarter ended June 30, 2026. Additionally, the bank has informed about the closure of its trading window for designated persons and their immediate relatives. This window, which commenced on July 01, 2026, will remain shut until August 15, 2026, inclusive, in compliance with SEBI's Prohibition of Insider Trading Regulations. The company will also post this intimation on its website, www.fino.bank.in.

Fino Payments Bank Ltd reported its business performance for June 2026, showing a 31% year-on-year increase in new deposit accounts opened, reaching approximately 3.1 lakh. Digitally active customers grew by 22% to 64.7 lakh, with FinoPay active customers surging 38% to 8.4 lakh. The loan referral business, a pilot for its Small Finance Bank transition, saw a significant 253% rise in disbursals to ₹240 crore. However, transaction business throughput decreased by 35% to ₹2,830 crore, attributed to an ecosystem shift towards UPI and focus on higher-quality merchants.

Fino Payments Bank Ltd has announced the closure of its trading window for dealing in equity shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut for Designated Persons and their immediate relatives from July 01, 2026, until 48 hours after the declaration of the unaudited financial results for the quarter ending June 30, 2026. The information will also be available on the bank's website.

Fino Payments Bank reported a strong business update for May 2026, with deposit accounts increasing by 29% year-on-year to approximately 2.9 lakh. Average total deposits grew 10% YoY to ₹2,762 crore, and digitally active customers rose 19% YoY to 62.6 lakh. Loan referral disbursals saw a significant surge of 186% YoY to ₹210 crore. The bank is progressing towards its Small Finance Bank (SFB) transition, forming a strategic partnership with Ezee.ai for a lending ecosystem and strengthening its technology and merchant network. While transaction throughput saw a moderation, the bank remains focused on its core business, deposit mobilization, and digital engagement.

Fino Payments Bank Ltd has entered into a strategic partnership with Ezee.ai to develop a lending ecosystem for its transition into a Small Finance Bank (SFB). The collaboration involves deploying Ezee.ai's AI-enabled Loan Origination System (LOS), Business Rules Engine (BRE), and Collections Management Platform. This partnership aims to enhance Fino Payments Bank's lending capabilities through AI-driven automation and intelligent decision-making, supporting its objective of expanding credit access across India.

The Reserve Bank of India (RBI) has approved the extension of Mr. Ketan Merchant's tenure as Interim CEO of Fino Payments Bank Limited for a further period of three months, effective from May 27, 2026. This follows the bank's previous communication on May 21, 2026, regarding the matter. The disclosure is available on the bank's website.