Fino Payments Bank has reached a significant milestone by recording its highest ever total deposit balance of approximately ₹2,900 crores as of March 13, 2026. This achievement underscores the growing trust and engagement of customers with the bank’s services.
The bank reported a nearly 9% growth in deposit balances over the past two weeks, culminating in this record figure. Additionally, Fino Payments Bank has opened approximately 1.5 lakh new banking accounts since February 27, 2026, averaging nearly 10,000 new accounts per day.
The bank attributes this growth to its simple, secure, and technology-enabled banking services, underpinned by a new core banking platform that facilitates seamless banking experiences. Through its merchant-led phygital banking model, Fino Payments Bank continues to expand its reach, providing convenient access to formal banking services to underserved and underbanked communities across Bharat.
The bank expressed gratitude to its customers, business associates, and business correspondent network for their continued support. Fino Payments Bank remains committed to strengthening financial inclusion and making banking services accessible and reliable across Bharat.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.