Fino Payments Bank Limited has informed the Exchange about Press Release titled Fino Payments Bank Accelerates Growth with Finacle CBS Migration

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Price reaction · full curve 14 horizons · vs prior close

+6.0%1-day move

₹134.65

prior close

₹139.48

base price

After-mkt

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-1.1-1.3-1.9-3.3+6.0+1.9+2.3+3.6+1.0+2.0-1.5-12.6+1.7+17.7

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AI summary

Fino Payments Bank has completed migration of its Core Banking System to Infosys Finacle, investing around ₹200 crore in the upgrade. The new modular, decoupled platform is designed to support higher transaction volumes, faster product launches, and the Bank's planned transition into a Small Finance Bank. The Bank noted that Q4 FY26 saw a temporary moderation in business volumes to ensure system stability during the cutover. The Bank also highlighted that it processed ₹3.6 lakh crore in transactions in 9M FY26, up 8% year-on-year, with 55% digital throughput. Fino received RBI in-principle approval to convert into a Small Finance Bank in December 2025.

Likely market impact

Positive long-term move as the upgraded platform should improve scalability, reduce transaction failures, and speed up new product rollouts (UPI, lending, virtual cards, NCMC). However, the brief Q4 FY26 volume dip may cause some short-term concern among investors tracking monthly business metrics.