Fino Payments Bank Achieves Record ₹2,900 Crore Deposits; Opens 1.5 Lakh Accounts
Fino Payments Bank Limited recorded its highest ever Total Deposit Balance of ₹2,900 crores as of March 13, 2026, a 9% increase in two weeks. The bank also opened 1.5 lakh new accounts since February 27, 2026, averaging 10,000 per day.
The record deposit figures and substantial account growth are positive indicators for the bank's financial health and market position, suggesting a medium-term positive impact.
The announcement highlights record deposit balances and a significant increase in new account openings, indicating strong business growth and customer trust.
Fino Payments Bank Limited has announced a significant business performance update, highlighting the highest ever Total Deposit Balance of approximately ₹2,900 crores as of March 13, 2026. This represents a growth of nearly 9% in deposit balances over the preceding two weeks.
The Bank also achieved a milestone by opening approximately 1.5 lakh new banking accounts since February 27, 2026, with an average of nearly 10,000 new accounts opened per day. These achievements reflect growing customer trust and engagement with the Bank's simple, secure, and technology-enabled banking services, further supported by its new core banking platform.
Through its merchant-led phygital banking model and robust digital infrastructure, Fino Payments Bank continues to expand its reach to underserved and underbanked communities across India. The Bank expressed gratitude to its customers, business associates, and merchant network for their continued support and remains committed to strengthening financial inclusion.
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Fino Payments Bank Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Fino Payments Bank Limited. Read the original for the full detail.