Fino Payments Bank Limited - Update on business performance of the Bank

Fino Payments Bank Limited has provided an update on the business performance of the Bank as below:

Trust of Bharat Grows: The Bank has recorded the highest ever Total Deposit Balance of ~ Rs. 2,900 crores.

The Bank has achieved a significant milestone in its growth journey, reflects growing customer trust and engagement:

- Deposit balances have grown by nearly 9% over the past two weeks, reaching an all-time high of ~Rs 2,900 crores as on March 13, 2026.

- ~ 1.5 lakh new banking accounts have been opened since February 27, 2026, averaging nearly 10,000 new accounts per day.

The milestone indicates the continued trust placed by customers in the Bank's simple, secure and technology-enabled banking services, supported by the Bank's new core banking platform, which enables seamless banking experiences.

Through its merchant-led phygital banking model, backed by strong digital infrastructure, the Bank continues to expand its reach to underserved and underbanked communities, enabling millions of customers across Bharat to access formal banking services conveniently.

"We thank the people of Bharat for banking with us and for their continued trust in the Bank. We also express gratitude to our business associates and business correspondent (merchant) network for their continued support."

The Bank remains committed to strengthening financial inclusion and continuing its mission of bringing simple, accessible and reliable banking services to every corner of Bharat.

Shares of Fino Payments Bank Limited was last trading in BSE at Rs. 169.05 as compared to the previous close of Rs. 177.90. The total number of shares traded during the day was 10243 in over 385 trades.

The stock hit an intraday high of Rs. 176.45 and intraday low of 168.10. The net turnover during the day was Rs. 1756651.00.

Source : Equity Bulls

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FinoPaymentsBank Deposits Business PerformanceUpdate