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Company updateCNBC-TV18

Fino Payments Bank deposits cross ₹3,000 crore; loans jump 316%

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Fino Payments Bank reported a mixed October 2026 update. Total deposits crossed ₹3,000 crore for the first time, reaching a peak of ₹3,044 crore, though average deposits rose only 9% YoY. Loan referral disbursals surged 316% to ₹301 crore, attributed to momentum for its transition to a Small Finance Bank, while transaction throughput fell 18%.

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