BANKING & FINANCE
Fino Payments Bank Posts Record Renewal Income Of ₹62 Cr In Q4
Fino Payments Bank Ltd, a private sector payments bank, has recorded its highest-ever quarterly renewal income of ₹62 crore in the March quarter. Deposits also peaked to an all-time high of ₹2,950 crore in the same period, as per provisional and unaudited results for Q4FY26. The bank opened seven lakh new bank accounts during the […]
CW Bureau
·
Apr 7, 2026
BANKING & FINANCE
Fino Payments Bank’s Referral Lending At ₹540 Cr, Till March 2026
Fino Payments Bank is witnessing strong momentum in its referral lending business through its merchant-led distribution channel, with disbursements reaching ₹540 crore as of March 20, 2026. The bank expects to close the current quarter at nearly 90% of the cumulative disbursements recorded in the first three quarters (₹700 crore), putting it on track to […]
CW Bureau
·
Mar 25, 2026
RETAIL/FMCG
Fino Payments Bank Deposits Hit Record ₹2,900 Cr In Two Weeks
Fino Payments Bank has reported its highest-ever total deposit balance of ₹2,900 crore over the past two weeks, even as the payments bank has recently faced scrutiny and negative headlines. In a regulatory filing, the bank said deposit balances rose nearly 9% in the last two weeks to reach the all-time high as of March […]
CW Bureau
·
Mar 14, 2026
BANKING & FINANCE
Fino Payments Bank CEO Rishi Gupta Arrested in GST Probe, CFO Take Reins
Fino Payments Bank Ltd said that its Chief Financial Officer Ketan Merchant has been named Head of the Organisation to to carry on day-to-day operations following the arrest of Managing Director and Chief Executive Officer Rishi Gupta under provisions of Sections 132(1)(a) and 132(1)(i) of the CGST and SGST Acts, 2017, respectively, on February 27, […]
CW Bureau
·
Feb 28, 2026
