Fino Payments Bank Q4FY26 Update: Deposits Hit Record High of ₹2,950 Crore

Fino Payments Bank Limited has shared its provisional business update for the quarter ended March 31, 2026, highlighting key developments across deposits, customer growth, loan referrals and digital transactions. 

Growth in Customer Base and Deposits

During Q4FY26, the bank opened ~7 lakh new accounts, taking its total customer base to around 1.75 crore. In March 2026 alone, about 3.13 lakh new accounts were added, demonstrating steady customer acquisition momentum.

Deposits also witnessed strong growth, reaching an all-time high of over ₹2,950 crore in March 2026. In addition, the bank reported its highest-ever quarterly renewal income of ₹62.2 crore, indicating improving customer engagement and recurring revenue streams.

Loan Referral Business Gains Momentum

The bank’s loan referral business recorded strong traction during the quarter. Disbursements through partner institutions reached approximately ₹600 crore, reflecting a 96% increase compared to Q3FY26.

This growth highlights the expanding credit potential within the bank’s ecosystem. The loan referral segment is expected to play an important role as Fino continues to progress toward its Small Finance Bank (SFB) journey.

Transaction Business Performance

The bank’s transaction services, which include remittances, Micro ATM operations and Aadhaar Enabled Payment System (AePS) transactions, declined by around 30% compared to Q3FY26. The moderation was mainly due to subdued activity during January and February 2026.

However, the bank noted signs of recovery in March 2026 as transaction volumes began to improve toward the end of the quarter.

Digital Payment Services Update

Digital payment services also saw a moderation of about 25% compared to the previous quarter. This trend was in line with the bank’s risk-calibrated approach and recent industry developments.

Despite the short-term decline, the bank remains focused on strengthening its merchant ecosystem by building a high-quality, active and risk-mitigated merchant base. Stabilisation initiatives have already been implemented, with recovery expected in the coming quarters.

Fino Payments Bank Share Price Today

On April 7, 2026, Fino Payments Bank share price opened at ₹127.49, touching the day’s high at ₹132.34, as of 11:02 AM on the NSE.

Also Read: Fino Payments Bank Secures RBI Approval for Small Finance Bank Conversion!

Conclusion

Fino Payments Bank continues to focus on strengthening its core liability franchise while expanding scalable growth opportunities across credit referrals and digital services. As the bank advances its SFB implementation journey, it aims to build a strong liability-led model supported by prudent lending and a differentiated distribution strategy. The reported figures are provisional and subject to review by the bank’s Audit Committee, Board of Directors and statutory auditors.

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