Fino Payments Bank

Payments bank serving customers through merchant and agent points, preparing to convert into a small finance bank

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Our write-ups

StartupStartups & Fintech

Fino Payments Bank posts a second straight quarterly loss as its digital payments arm stays shut

A Rs 20.9 Cr loss in Q2 FY27 reflects lower fee income, the cost of a core banking migration and a payments vertical that earned nothing this quarter, while loan referrals for its planned small finance bank grew almost fourfold.

30 October 2026 · 1 min read

Timeline

30 Oct 2026Write-upFino Payments Bank posts a second straight quarterly loss as its digital payments arm stays shut
bharat.digital
29 Oct 2026NewsFino Payments Bank Posts ₹21 Cr Loss In Q2, Total Income Falls 17% YoY
Inc42
29 Oct 2026NewsFino Payments Bank reports net loss of ₹20.9 crore in Q2FY27
BusinessLine