Fino Payments Bank Jul avg total deposits up 12% on year to INR 27.66 bln
This story was originally published at 23:05 IST on 6 August 2026
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--Fino Payments Bank Jul avg total deposits INR 27.66 bln, up 12% on year
--Fino Payments Bank Jul loan disbursals INR 2.41 bln vs INR 600 mln yr ago
NEW DELHI – Fino Payments Bank Ltd. Thursday said its average total deposits rose 12% on year to INR 27.66 billion in July from INR 24.80 billion a year ago. Its loan referral disbursals stood at INR 2.41 billion, growth of 304% from INR 600 million a year ago.
However, the lender's throughput declined to INR 30.74 billion, falling 25% on year. Throughput is the total volume or value of transactions, including both credits and debits, processed through an account, system, or payment network during a specific period.
The bank opened over 327,771 new accounts in July, up 9% on year, it said. The small finance bank had 6.63 million digitally active customers at the end of July, up from 5.47 million a year ago. For the March quarter, Fino Payments Bank reported a net profit of INR 71 million on total income of INR 3.40 billion. Thursday, its stock closed down over 1% at INR 159.68 apiece on the National Stock Exchangey. End
Reported by Vaishali Tyagi
Edited by Deepshikha Bhardwaj
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