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Announced Fri, 10 Jul · 22:58 IST

Fino Payments Bank June update: Deposits rise 11%, loan referrals surge 3.5x

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AI summary

Fino Payments Bank reported average total deposits up 11 percent year-on-year at ₹2,755 crore for June 2026, with loan referral disbursals surging 3.5x to ₹240 crore, supporting its small finance bank transition. However, transaction business throughput declined 35 percent YoY to ₹2,830 crore due to the ongoing shift from cash to UPI. The bank also announced a strategic partnership with fintech Ezee.ai to build its lending ecosystem, while its shares remain about 71 percent below the September 2024 peak.