BANKING & FINANCE
Fino Bank Adds 2.9 Lakh Customers In May 2026, Loan Referrals Rise 2.9x
Fino Payments Bank continued to witness strong customer acquisition momentum in May 2026, opening 2.9 lakh new accounts during the month, a 29% year-on-year increase, as the lender advances its transition towards becoming a Small Finance Bank (SFB). The growth reflects the bank’s expanding reach, rising customer engagement and continued focus on building a broader […]
CW Bureau
·
Jun 8, 2026
BANKING & FINANCE
Equitas SFB Reports Fivefold Rise In Q4 Profit; Asset Quality Improves
Equitas Small Finance Bank Ltd reported a fivefold increase in net profit at ₹213 crore for the March quarter of FY26 compared with the year-ago period, supported by strong growth and improved margins. Net interest margin rose to 7.29% from 7.13%, while cost-to-income ratio declined to 67.52% from 70.28%. Asset quality and capital position Gross […]
CW Bureau
·
Apr 30, 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
