Fino Payments Bank FY26 Revenue ₹1,587.9 Cr, PAT ₹52.5 Cr; RBI In-Principle SFB Approval
Fino Payments Bank received RBI in-principle approval for an SFB license. FY26 revenue reached ₹1,587.9 crore (up 14% YoY), with PAT at ₹52.5 crore (up 43% YoY). Average deposits grew 30% to ₹2,403 crore. Referral loan disbursals were ₹1,285 crore (up 3.5x YoY). SFB operationalization is targeted by August 2026.
The in-principle approval for a Small Finance Bank license is a transformative event for Fino Payments Bank, significantly altering its regulatory status and future business potential. This, combined with strong financial performance metrics, has a high impact on the company's strategic direction and market position.
The announcement highlights positive developments such as receiving in-principle approval for an SFB license, significant year-on-year growth in deposits and revenue, and a strong increase in referral loan disbursals, indicating positive business momentum and future potential.
Fino Payments Bank Limited has released its investor presentation for the financial year ended March 31, 2026 (FY’26) and the fourth quarter ended March 31, 2026 (Q4’26).
Key highlights for FY’26 include receiving in-principle approval for a Small Finance Bank (SFB) from the RBI, marking a significant distinction as the first payments bank to achieve this. The bank also successfully migrated to the Finacle Core Banking Platform in January 2026. Average deposits for FY’26 increased by 30% year-on-year to ₹2,403 crore, with peak end-of-day total deposits reaching ₹2,957 crore in March 2026. Active FinoPay users grew by 25% year-on-year to 8.2 lakh in March 2026. Referral loan disbursals amounted to ₹1,285 crores in FY’26, a 3.5x increase year-on-year.
For Q4’26, total throughput was ₹107.8k crore, a 17% increase. Digitally active customers stood at 63.0 lakh, up 19%. Average deposits grew by 20% to ₹2,535 crore. Revenue for Q4’26 was ₹340.0 crore, up 31% YoY, with EBITDA at ₹56.0 crore (up 12% YoY) and PAT at ₹7.1 crore (up 70% YoY).
For the full FY’26, revenue was ₹1,587.9 crore, up 14% YoY. EBITDA was ₹243.2 crore, up 4% YoY, and PAT was ₹52.5 crore, up 43% YoY. The bank aims to build ₹8,000-10,000 crore in Assets Under Management (AUM) by FY’30, with an expected Return on Equity (ROE) of over 20% and a credit cost of less than 1%. The bank is targeting SFB operationalization in a phased manner by August 2026, with an investment of approximately ₹100 crore for the medium-term growth phase.
What to do with a filing like this
Fino Payments Bank Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Fino Payments Bank Limited. Read the original for the full detail.