Fino Payments Bank Deposits Reach Record ₹2,900 Crore

Navi Mumbai, March 14, 2026: Fino Payments Bank Limited has reported its highest-ever total deposit balance of around ₹2,900 crore, marking a major milestone in the bank’s growth journey.

The bank informed stock exchanges that the deposit base has grown nearly 9% in the past two weeks, reaching the new high as of March 13, 2026.

Rapid Growth in Customer Accounts

According to the bank, approximately 1.5 lakh new banking accounts have been opened since February 27, 2026, averaging around 10,000 new accounts per day.

The growth reflects increasing customer adoption of the bank’s simple, secure, and technology-driven banking services.

Technology-Driven Banking Expansion

The bank attributed this growth partly to its new core banking platform, which enables seamless and efficient digital banking experiences for customers across India.

Through its merchant-led “phygital” banking model—combining physical service points with digital technology—Fino Payments Bank continues to expand access to banking services, particularly in underserved and underbanked communities.

Focus on Financial Inclusion

The bank said the milestone highlights the growing trust of customers across Bharat in its services. It also acknowledged the support of its business associates and business correspondent (merchant) network, which plays a crucial role in extending banking services to remote areas.

Fino Payments Bank Limited reaffirmed its commitment to strengthening financial inclusion and providing accessible banking solutions across the country.

The disclosure has also been made available on the bank’s official website.