Fino Payments Bank Reports Strong Liability Growth as Loan Disbursals Surge in June 2026
Fino Payments Bank Limited reported its business performance for June 2026, highlighting significant growth in liability base and digital engagement, while noting moderation in overall transaction throughput. The bank saw a dramatic increase in loan referral disbursals, underscoring the credit potential within its customer ecosystem.The core liability segment of the Bank maintained strong momentum during June 2026. Fino opened approximately 3.1 lakh new accounts, marking a 31% year-on-year (YoY) rise and bringing the total account count to 1.8 crore.
Digital engagement through the FinoPay mobile application saw substantial improvement. The active users of FinoPay rose by 38%, reaching 8.4 lakh in June 2026, up from 6.1 lakh in June 2025. Furthermore, the number of digitally active customers increased by 22% to 64.7 lakh.
The Bank recorded Average Total Deposits of ₹ 2,755 crore for June 2026, an 11% increase compared to the ₹ 2,477 crore reported in June 2025. Renewal Income stood at ₹ 20.8 crore, up from ₹ 19.6 crore in the previous year.
Transaction Business Performance
The Bank's loan referral business showed massive growth during the month. Referral loan disbursals increased by 253%, reaching ₹ 240 crore, a sharp increase from the ₹ 68 crore disbursed in June 2025. This performance supports the Bank’s long-term lending strategy and indicates strong credit potential among its clientele.In terms of transaction business (including remittance, Micro ATM, and AePS), overall throughput moderated to ₹ 2,830 crore in June 2026, down from ₹ 4,373 crore in the corresponding period last year. Specifically, B2B Digital Throughput was zero in June 2026, compared to ₹ 3,100 crore reported in June 2025.
The data indicates an overall ecosystem shift away from cash toward UPI and a focus on higher-quality merchants, which has contributed to the throughput moderation. However, management noted that the pace of degrowth in this transaction segment eased when compared to previous months.
Financial summary for Fino Payments Bank Limited for June 2026:
| Metric | Unit | June'26 | June'25 | YoY Change (%) |
|---|---|---|---|---|
| New Accounts Opened | Nos. | 3,13,263 | 2,39,300 | 31% |
| Average Total Deposits | ₹ Cr | 2,755 | 2,477 | 11% |
| FinoPay Active Customers | Lakh | 8.4 | 6.1 | 38% |
| Transaction Throughput | ₹ Cr | 2,830 | 4,373 | (35%) |
| Loan Disbursals | ₹ Cr | 240 | 68 | 253% |
FINOPB Stock Price Movement
Today, the stock of Fino Payments Bank Limited edged higher, closing at ₹135.4 after gaining 0.93%. The share saw significant activity as it settled on a day when 194,011 shares were traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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