Date: June 8, 2026
Business Performance Highlights
Deposit Accounts Performance
- Accounts Opened: 293,600 in May 2026 vs 227,244 in May 2025 (29% YoY increase)
- Renewal Income: ₹18.9 crore in May 2026 vs ₹18.7 crore in May 2025 (1% YoY increase)
- Average Total Deposits: ₹2,762 crore in May 2026 vs ₹2,509 crore in May 2025 (10% YoY increase)
- Digitally Active Customers: 62.6 lakh in May 2026 vs 52.4 lakh in May 2025 (19% YoY increase)
- FinoPay Active Customers: 7.2 lakh in May 2026 vs 5.9 lakh in May 2025 (22% YoY increase)
Transaction Business
- Throughput: ₹2,546 crore in May 2026 vs ₹4,863 crore in May 2025 (48% YoY decrease)
The moderation in throughput is attributed to the overall ecosystem shift from cash to UPI and a focus on higher-quality, more transacting merchants.
Digital Payments Services
- B2B Digital Throughput: ₹0 crore in May 2026 vs ₹3,527 crore in May 2025 (100% YoY decrease)
The Bank is reassessing key product features alongside a broader strategic risk recalibration of this segment.
Loan Referral Business
- Disbursals: ₹210 crore in May 2026 vs ₹73 crore in May 2025 (186% YoY increase)
The Bank continues to focus on sourcing secured loan assets for its referral business, supporting its long-term vision for a differentiated Small Finance Bank.
SFB Implementation Progress
- The Bank has entered into a strategic partnership with Ezee.ai to build a lending ecosystem
- This represents a major step towards the SFB transition backed by a Finacle-based core banking and lending management system
- The Bank is strengthening its merchant network while augmenting technology and resources on a steady basis
Outlook
- The Bank remains focused on ownership business, deposit mobilisation, and customer acquisition through physical and digital platforms
- Focus areas include improving digital engagement and enhancing customer experience
- The SFB implementation journey is on track with complementary technology, infrastructure and resource augmentation
- The Bank continues building a differentiated and scalable banking franchise supported by Pan India distribution network, technology-led customer engagement, and disciplined risk management
Disclosure Notes
- The information is based on provisional and unaudited numbers
- Disclosure made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information
- Also made available on the Bank's website at www.fino.bank.in