Fino Payments Bank Limited has informed the Exchange about General Updates
FINOPB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fino Payments Bank reported April 2026 business performance showing a strategic shift away from transaction volumes toward a deposit-focused model. Average total deposits grew 13% YoY to ₹2,801 crore, while digitally active customers rose 19% to 62.1 lakh and FinoPay users increased 28% to 7.7 lakh. However, transaction throughput dropped 47% YoY to ₹2,649 crore and B2B UPI throughput fell 96% to ₹101 crore as the bank consciously scaled back this segment. Loan referral disbursals surged 204% to ₹166 crore, indicating strong traction in that business. The bank attributed the volume decline to ecosystem shift toward UPI and strategic prioritization of quality over quantity in merchant selection.
The significant decline in transaction volumes may concern short-term investors focused on top-line growth, but the strategic shift toward CASA deposits and digital engagement positions the bank for better margins in the long run. The sharp drop in B2B UPI throughput represents a major business recalibration.