Fino Payments Bank Limited reported opening around 7 lakh new bank accounts in Q4FY26, taking its total customer base to about 1.75 crore.
As per the exchange filing on Monday, April 6, the bank said it also recorded its highest-ever quarterly renewal income of ₹62.2 crore, while deposits reached an all-time high of over ₹2,950 crore in March 2026.
The bank said its loan referral business showed strong momentum, with disbursements rising 96% over Q3FY26 to around ₹600 crore through partner institutions.
However, its transaction business, including remittance, micro ATM and AePS, declined about 30% sequentially due to muted activity in January and February, though a recovery was seen in March.
Bank said that its digital payment services also moderated by around 25% compared to Q3FY26, reflecting a risk-calibrated approach and recent developments, with the bank focusing on building a high-quality, active merchant base and expecting stabilisation in the coming quarters.
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The bank noted, “While select segments reflect ongoing industry transitions, the Bank remains focused on strengthening core liabilities, improving the quality of business, and building scalable growth drivers aligned with its strategic roadmap.”
