Fino Payments Bank July Results: Loan Disbursals Surge 304% YoY
Fino Payments Bank Limited posted a 304% YoY jump in loan disbursals to ₹241 crore in July 2026. Average deposits grew 12% to ₹2,766 crore, but transaction throughput fell 25% due to the cessation of B2B UPI P2M services. The bank is advancing its Small Finance Bank license implementation.
*this image is generated using AI for illustrative purposes only.
Fino Payments Bank Limited reported a significant acceleration in its lending business for July 2026, with loan disbursals surging 304% year-on-year to ₹241 crore. This growth in credit distribution coincided with a 12% increase in average total deposits to ₹2,766 crore, indicating strengthening liquidity positions. However, the bank’s transaction throughput contracted by 25% to ₹3,074 crore, driven by the cessation of B2B UPI P2M operations which contributed ₹3,200 crore in July 2025.
The disclosure was made on August 6, 2026, in accordance with Regulation 8 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The figures are provisional and unaudited. The bank highlighted that the implementation of its Small Finance Bank license is progressing across people, technology, processes, and governance, with a focus on completing the transition within Reserve Bank of India stipulated timelines.
Business Performance Highlights
The bank saw robust growth in customer acquisition and digital engagement metrics. Accounts opened rose 9% to 3,27,771 from 3,01,666 in July 2025. Renewal income increased 5% to ₹23.6 crore. Digital engagement showed strong momentum, with digitally active customers rising 21% to 66.3 lakh and FinoPay active customers jumping 34% to 8.9 lakh.
| Particulars | Unit | July’26 | July’25 | YoY (%) |
|---|---|---|---|---|
| Accounts Opened | Nos. | 3,27,771 | 3,01,666 | 9% |
| Renewal Income | ₹ Cr | 23.6 | 22.5 | 5% |
| Average Total Deposits | ₹ Cr | 2,766 | 2,480 | 12% |
| Digitally Active Customers | Lakh | 66.3 | 54.7 | 21% |
| FinoPay Active Customers | Lakh | 8.9 | 6.6 | 34% |
| Throughput | ₹ Cr | 3,074 | 4,101 | (25%) |
| B2B UPI P2M Throughput | ₹ Cr | - | 3,200 | (100%) |
| Loan Disbursals | ₹ Cr | 241 | 60 | 304% |
What the Numbers Show
The divergence between deposit growth and transaction throughput suggests a strategic shift or operational restructuring in payment flows. While core deposit gathering and customer onboarding remain strong, the complete drop in B2B UPI P2M throughput indicates the wind-down of this specific service line. The sharp rise in loan disbursals, up from ₹60 crore to ₹241 crore, marks a pivotal move towards credit generation, aligning with the bank’s broader Small Finance Bank ambitions.
Basavraj Loni, Company Secretary & Compliance Officer, signed the disclosure. The information is also available on the bank’s website at www.fino.bank.in .
Historical Stock Returns for Fino Payments Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -8.22% | -5.91% | -6.87% | -31.22% | -41.11% | -72.38% |
How will the cessation of B2B UPI P2M operations impact Fino Payments Bank's revenue mix and fee income in the coming quarters?
What specific credit products or sectors is the bank targeting to sustain the 304% surge in loan disbursals as it transitions to a Small Finance Bank?
Will the RBI's approval timeline for the Small Finance Bank license influence the bank's current strategy for deposit mobilization and liquidity management?
18
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
