Fino Payments Bank reports Q2 growth with CASA base reaching 1.91 crore
1 report, 1 independent
Updated 00:00
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What happened
Fino Payments Bank released its second quarter (Q2FY27) business update for the September quarter. The bank reported that its Current Account and Savings Account (CASA) base increased to 1.91 crore. Loan referral disbursals rose by 223 per cent, reaching ₹278 crore. The bank’s average total deposits grew 13 per cent year-over-year to ₹2,794 crore.
Why it matters
The significant increase in loan referral disbursals and the growth in total deposits indicate increased lending activity and customer financial engagement. These metrics reflect the bank's operational strength and ability to attract deposits.