Fino Payments Bank Limited has informed the Exchange about Business Updates
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Fino Payments Bank has reported its highest-ever total deposit balance of around Rs. 2,900 crores as of March 13, 2026, with deposits growing nearly 9% in just the past two weeks. The bank also added about 1.5 lakh new banking accounts since February 27, 2026, averaging nearly 10,000 new accounts opened per day. The bank attributes this strong momentum to customer trust, its new core banking platform, and its merchant-led phygital banking model aimed at underbanked communities. The update highlights continued traction in financial inclusion-focused banking rather than any specific forward guidance.
The sharp two-week deposit and account growth signals strong short-term customer momentum, which is a positive operational update for shareholders, though it does not constitute formal guidance revision and may already be partly reflected in the stock price.