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Fino Payments Bank's October 2026 update showed deposits crossing Rs 3,000 Crore for the first time. Loan referral disbursals rose 316% year-on-year to Rs 301 Crore.
Management focused on transition to Small Finance Bank (SFB) while rebuilding B2B and UPI volumes. Profitability remains under pressure due to heavy investment in technology and people ahead of the license conversion.
Q2 FY27 revenue ₹333.6 Cr (down 17% YoY), EBITDA ₹35.1 Cr, PAT loss ₹(20.9) Cr. Net revenue margin rose 96 bps to 38.1%. Bank is progressing toward Small Finance Bank conversion.
Fino Payments Bank's press release reports Q2 FY27 revenue of Rs.333.6 Crore and a H1 net loss. Loan referral disbursals surged 286% year-on-year.
Fino Payments Bank Ltd reported revenue from operations of ₹74.5 Cr (+24.0% YoY) and a net loss of ₹20.9 Cr for Q2 FY27.
Fino Payments Bank has received a revised ESG rating from Crisil ESG Ratings & Analytics Limited, moving from 54-Adequate to 59-Adequate.
Fino Payments Bank has scheduled a board meeting for October 29, 2026, to consider and approve financial results for the quarter and half-year ended September 30, 2026.
Fino Payments Bank's ESG score was revised by ESG Risk Assessments & Insights from 56-Adequate to 58-Adequate. No financial or operational impact accompanies this routine disclosure.
Fino Payments Bank reported its September 2026 business performance, highlighting growth in deposit accounts, loan disbursals, and CMS throughput metrics compared to previous periods.
Fino Payments Bank has appointed Mr. Paresh Gupta as its Head – MSME. This appointment of a senior management personnel is effective from September 29, 2026.
Fino Payments Bank Limited held its 10th Annual General Meeting on September 29, 2026, to adopt the audited financial statements for FY2025-26.
Fino Payments Bank reported August 2026 deposits of ₹2,821 Cr and loan disbursals of ₹243 Cr. It noted momentum for its proposed Small Finance Bank transition.
Fino Payments Bank Limited has issued a notice for its 10th Annual General Meeting, scheduled to be held on September 29, 2026, through video conferencing.
Fino Payments Bank Ltd has appointed Mr. Amit Kumar as the Head – Branch Banking, effective September 04, 2026.
Fino Payments Bank Limited approved the tenure extension of Mr. Ketan Merchant as Interim CEO for three months. This extension is effective August 27, 2026, subject to RBI approval.
Fino faces a tough Q1 with its profitable B2B UPI business paused for recalibration, causing an EBITDA drop despite strong retail growth.
Fino Payments Bank reported a Q1 FY27 loss of ₹13.7 Cr. Despite revenue headwinds, Net Revenue Margin hit a record 42.8% driven by high-margin CASA business expansion.
Fino Payments Bank reported Q1 FY'27 financial results. Revenue stood at ₹306.9 Crore, while net revenue was ₹131.2 Crore amid business recalibration.
Fino Payments Bank Ltd reported revenue from operations of ₹72.2 Cr (+18.4% YoY) and a net loss of ₹13.7 Cr for Q1 FY27.