Fino Payments Bank Q4 FY26 Record Renewal Income

Fino Payments Bank reported Q4 FY26 results with record renewal income of ₹62.2 crore, up 25% YoY, amidst a challenging regulatory environment.
The bank disclosed an unprecedented event in February 2026, leading to interim leadership and 40+ regulatory filings, but emphasized strong business continuity.
Deposit base reached an all-time high of ₹2,957 crore with 1.75 crore customers, while digital payments business was paused for a comprehensive risk review.
SFB transition remains on track post RBI's in-principle approval, with a focus on a secured, asset-light lending model leveraging a 300 bps cost of funds advantage.