Business update for the month of April, 2026
FINOPB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fino Payments Bank reported mixed April 2026 results. On the positive side, customer deposits grew 13% YoY to ₹2,801 crore, digitally active customers rose 19% to 62.1 lakh, and loan referral disbursals surged 204% to ₹166 crore. However, transaction throughput dropped significantly by 47% YoY to ₹2,649 crore, with B2B UPI P2M throughput falling sharply by 96% to just ₹101 crore. The bank attributed these declines to a strategic shift away from low-quality transaction volumes toward more sustainable, risk-calibrated business practices. The bank is pivoting toward a liability-led franchise model focused on CASA growth and digital engagement rather than raw transaction volume.
The sharp decline in transaction throughput raises near-term revenue concerns, though the strategic shift toward deposits and digital customers could improve long-term margins. Shareholders should monitor whether the bank's new focus translates into better profitability metrics in coming quarters.