Home / Business and Economy / Fino Payments Bank Sees CASA Surge Amidst Transaction Dip
Fino Payments Bank Sees CASA Surge Amidst Transaction Dip
8 May
Summary
- CASA accounts increased by 9% year-on-year in April 2026.
- Loan referral disbursals grew over three times to ₹166 crore.
- Transaction business throughput declined by 47% year-on-year.
Fino Payments Bank has reported steady growth in its liability-led franchise for April 2026. CASA account openings saw a 9% year-on-year increase, reaching 2,36,437. Renewal income also rose by 9% to ₹19.3 crore, with average total deposits climbing 13% to approximately ₹2,801 crore.
Digitally active customers grew by 19% to 62.1 lakh, and FinoPay app users increased by 28% to 7.7 lakh. Loan referral disbursals experienced a substantial surge of 204%, more than tripling from ₹55 crore in April 2025 to ₹166 crore.
Despite these gains, transaction business throughput declined by 47% year-on-year to ₹2,649 crore. This moderation in transaction and digital payment throughput is linked to a strategic recalibration, focusing on composition quality and risk-aligned growth within the payment ecosystem.
The bank remains focused on strengthening its liability franchise, expecting CASA expansion to support improved margins and loan referral growth to aid its small finance bank journey.
