FINO Payments Bank’s September update shows loan referral disbursals leapt 223% to ₹278 crore, a sharp reversal from the ₹86 crore posted a year earlier, nudging the stock up ₹0.10 to ₹128.50 on the BSE.
Deposits swelled 13% YoY to ₹2,794 crore, while renewal income climbed 20% to ₹28 crore, signalling widening fee streams. The bank’s current and savings account base rose to 1.91 crore, and digitally active customers increased 13% to 64.9 lakh.
Compared with peers, Paytm Payments Bank logged a 12% YoY deposit rise last quarter, putting FINO slightly ahead in the niche. CMS throughput rose 10% to ₹6,918 crore, yet transaction throughput dipped 10% to ₹3,469 crore, reflecting a shift toward loan‑referral business.
Looking ahead, the company will announce Q1 2027 results on November 15. Analysts expect the loan‑disbursal momentum to continue, provided regulatory conditions remain stable. The board’s next meeting will address potential expansion into merchant‑to‑merchant payment services.