The bank’s profit before tax (PBT) for FY25 reached ₹108.3 crore, marking a 26% increase over the previous year. This achievement underscores Fino Payments Bank’s consistent profitability over five consecutive years, a notable milestone for a payments bank. The growth was further supported by a 37% year-on-year rise in average deposits, totaling ₹1,849 crore, and a 48% increase in CASA renewal income, amounting to ₹190 crore.
In the digital segment, the bank processed over ₹4.6 lakh crore in transactions during FY25, reflecting a 29% year-on-year growth. Digital throughput alone accounted for ₹225,482 crore, a 70% increase from the previous year. Additionally, the bank’s customer base expanded to 1.43 crore, with more than 33 lakh new accounts opened during the year. The CMS client base grew by 11% to 230 clients, and CMS throughput increased by 24% to ₹83,451 crore.
Fino Payments Bank also made significant strides in its technology infrastructure, investing over ₹150 crore in FY25. The migration to the Finacle core banking platform is progressing as planned and is expected to be completed by the first quarter of FY26. The bank’s digital payment services now account for 15% of its total revenue, up from 2% in the previous year.
Ahead of the results announcement, shares of the lender ended 5.6% higher at a price of ₹259.50 on the BSE.
