Fino Payments Bank has delivered impressive performance in its referral lending business during Q4 FY26, with actual disbursements reaching approximately ₹540 crore as of March 20, 2026. The bank announced these results in an official press release filed under Regulation 30, demonstrating strong momentum in its credit distribution strategy.

Q4 FY26 Performance Highlights

The bank's referral loan disbursements have shown remarkable acceleration in the fourth quarter, with performance metrics indicating robust demand across its customer segments.

Strategic Credit Distribution Model

Fino Payments Bank has been leveraging its extensive merchant network to drive referral lending growth, particularly targeting underserved rural and semi-urban markets. The bank's partnership-led approach with leading Non-Banking Financial Companies (NBFCs) has enabled it to act as a sourcing partner in markets with limited formal credit access.

The current pilot portfolio focuses on secured lending products including Home Loans, Gold Loans, and Loan Against Property, alongside business loan offerings specifically designed for merchants. This diversified approach has contributed to the strong performance witnessed in Q4 FY26.

Leadership Commentary and Market Position

Mr. Ketan Merchant, Interim CEO, highlighted the strong demand for secured credit products across the bank's network, emphasizing the role of rural and semi-urban markets in driving growth. He noted that the referral lending model enables the bank to leverage its distribution strength while building deeper understanding of customer credit needs, supporting its journey toward becoming a Small Finance Bank.

Mr. Darpan Anand, National Head (Channel Sales), emphasized the merchant network's role as a growth engine, citing the network's local connections and customer trust as key drivers for credit product adoption in underserved markets.

Infrastructure and Future Readiness

The bank's extensive rural presence, supported by over 20 lakh merchant points and 1.7 crore CASA customers, provides significant last-mile access capabilities for formal credit distribution. This infrastructure advantage has been instrumental in facilitating the strong Q4 FY26 performance and positions the bank well for continued growth in the credit segment.

Fino Payments Bank received 'In-principle' approval from RBI to convert into a Small Finance Bank on December 5, 2025, making it the first Payments Bank to achieve this distinction. The strong referral lending performance supports this strategic transition and demonstrates the bank's readiness for expanded banking operations.

Fino Payments Bank Limited has announced a scheduled analyst and investor meeting for March 24, 2026, in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The bank's representatives will participate in a structured investor engagement session with updated parameters outlined for transparency and compliance.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the SEBI Listing Regulations, ensuring proper intimation of the scheduled analysts and institutional investors meeting. Company Secretary and Compliance Officer Basavraj Shivanand Loni signed the official communication on March 24, 2026.

Information Sharing Protocol

Fino Payments Bank has explicitly stated that only information available in the public domain will be shared and discussed during the interaction. The bank has confirmed that no unpublished price sensitive information will be disclosed during the meeting with investors and analysts.

Schedule Flexibility

The bank has noted that the meeting schedule is subject to change due to potential exigencies on the part of the analysts, investors, or the bank itself. The disclosure will be made available on the bank's official website at www.fino.bank.in for stakeholder reference.