Fino Payments Bank Reports May 2026 Performance: Loan Disbursals Jump While Throughput Slows

Fino Payments Bank Reports May 2026 Performance: Loan Disbursals Jump While Throughput Slows​

Fino Payments Bank Ltd released its business performance update for May 2026, highlighting robust growth in deposit mobilization and loan referral disbursals, while noting moderation in transaction throughput.

The bank's operational snapshot shows significant increases across several customer-facing metrics. The following table details the key highlights of Fino Payments Bank’s business performance comparing May 2026 to May 2025:

Robust Deposit and Customer Growth​

The bank sustained steady momentum in its liability business during May 2026. New customer acquisition showed strong growth, with the bank opening approximately 2.9 lakh new accounts, marking a 29% rise year-over-year (YoY). This trend reflects the bank's expanding reach and growing customer trust.

Average total deposits stood at ₹2,762 crore, reflecting a 10% increase YoY, underscoring strength in deposit mobilization. Digital engagement continued to improve significantly, with digitally active customers rising by 19% YoY to 62.6 lakh. FinoPay Active Customers increased by 22%, reaching 7.2 lakh.

Loan Referral Business and Transaction Trends​

The bank's focus on the referral business resulted in loan disbursals increasing to ₹210 crore, representing a 186% YoY growth compared to May 2025. The bank stated that its continuous effort is directed toward sourcing secured loan assets for its referral vertical.

However, Transaction Business throughput saw moderation, standing at ₹2,546 crore in May'26 against ₹4,863 crore in May'25, a decline of 48%. The bank attributed this moderation primarily to the overall ecosystem shift from cash to UPI and due to its focus on attracting higher-quality merchants.

Strategic Focus on SFB Transition and Digital Services​

Regarding digital payments services, the bank is currently reassessing key product features alongside a broader strategic risk recalibration of this segment.

In terms of Small Finance Bank (SFB) implementation progress, Fino Payments Bank has entered into a strategic partnership with Ezee.ai to build a lending ecosystem. This development, coupled with the use of a Finacle-based core banking and lending management system, represents a major step toward the SFB transition. The bank is also strengthening its merchant network and augmenting technology and resources as it moves toward becoming an SFB.

The bank affirmed its continued focus on ownership business, deposit mobilization, customer acquisition via both physical and digital platforms (including its merchant network and FinoPay mobile app), improving digital engagement, and enhancing customer experience.

FINOPB Stock Price Movement​

Shares of Fino Payments Bank Limited today slipped by 3.98% to settle at ₹127.73, continuing a bearish trend in the post-market trading session. The stock saw a total traded volume of 156,987 shares for the day.