Fino Payments Bank FY26 Revenue Down 14% YoY

Fino Payments Bank received in-principle RBI approval to become a Small Finance Bank, the first payments bank to achieve this.
FY26 revenue declined 14% YoY to ₹1,587.9 Cr, while average deposits grew 30% YoY to ₹2,403 Cr.
Referral loan disbursals surged 3.5x YoY to ₹1,285 Cr in FY26, demonstrating SFB preparedness.
The bank successfully migrated to a new Finacle Core Banking System in January 2026 for enhanced scalability.