Fino Payments Bank Ltd Share Price – NSE /  BSE

Banks, Small Cap

The bank stated that it is witnessing strong momentum in its referral lending business through own merchant channel.

As of March 20, 2026, Q4 FY26 referral loan disbursements have already reached Rs 540 crore and are expected to close at Rs 630 crore, which would be nearly 90% of the cumulative disbursements of the first three quarters of Rs 700 crore.

The payments bank said that this growth was driven by increasing rural credit demand and scaling partnerships with NBFCs, leveraging the bank?s merchant-led distribution model.

The current portfolio is focused on secured lending products, including home loans, gold loans, loan against property, and merchant business loans.

This initiative forms part of the bank?s strategic transition toward becoming a ?small finance bank?, with a focus on building credit distribution capabilities while maintaining an asset-light model.

The bank continues to use its merchant network to originate loans, while partner NBFCs underwrite and carry the credit risk.

Fino Payments Bank, a subsidiary of Fino Paytech, is a technology-led, asset-light digital bank serving emerging India. Backed by marquee investors including ICICI Group, BPCL, Blackstone, LIC, and IFC, Fino operates a high-volume, low-cost model focused on financial inclusion. The bank has received ?In-principle? approval from RBI to convert into a small finance bank on 5th December 2025, making it the first payments bank to achieve this distinction.

The bank's net profit had declined 46.99% to Rs 12.25 crore on a 14.51% fall in total income from operations income to Rs 394.41 crore in Q3 FY26 over Q3 FY25.

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Fino Payments Bank is witnessing strong momentum in its referral lending business through own merchant channel. As of 20 March 2026, Q4 FY26 referral loan disbursements have already reached ~ Rs 540 crores and are expected to close at 90% levels comparable to the first three quarters combined (~ Rs 700 crores).

Overall, the Bank is on track to record close to Rs 1,300 crore in referral loan disbursements for FY26.

This sharp acceleration reflects growing traction in rural credit demand, supported by the Bank's extensive merchant network and deepening partnerships with NBFCs. Fino Payments Bank has been actively building its credit distribution capabilities as part of its long-term strategy towards becoming a Small Finance Bank (SFB).

The Bank has partnered with leading Non-Banking Financial Companies (NBFCs) to act as a sourcing partner, particularly in underserved rural markets. The current pilot portfolio primarily includes secured lending products such as Home Loans, Gold Loans, and Loan Against Property, along with business loan offerings for merchants.

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Innovision Ltd, Shyam Telecom Ltd, Suvidhaa Infoserve Ltd and Kriti Industries (India) Ltd are among the other losers in the BSE's 'B' group today, 24 March 2026.

Fino Payments Bank Ltd tumbled 17.99% to Rs 114.4 at 14:29 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 2.69 lakh shares were traded on the counter so far as against the average daily volumes of 51990 shares in the past one month.

Innovision Ltd crashed 10.46% to Rs 333.8. The stock was the second biggest loser in 'B' group.On the BSE, 1.44 lakh shares were traded on the counter so far as against the average daily volumes of 4.3 lakh shares in the past one month.

Shyam Telecom Ltd lost 9.19% to Rs 8.1. The stock was the third biggest loser in 'B' group.On the BSE, 4501 shares were traded on the counter so far as against the average daily volumes of 3213 shares in the past one month.

Suvidhaa Infoserve Ltd fell 9.13% to Rs 2.39. The stock was the fourth biggest loser in 'B' group.On the BSE, 63140 shares were traded on the counter so far as against the average daily volumes of 22659 shares in the past one month.

Kriti Industries (India) Ltd corrected 8.48% to Rs 55.04. The stock was the fifth biggest loser in 'B' group.On the BSE, 8124 shares were traded on the counter so far as against the average daily volumes of 2958 shares in the past one month.

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Net profit of Fino Payments Bank declined 46.99% to Rs 12.25 crore in the quarter ended December 2025 as against Rs 23.11 crore during the previous quarter ended December 2024. Total Operating Income rose 27.58% to Rs 62.96 crore in the quarter ended December 2025 as against Rs 49.35 crore during the previous quarter ended December 2024.

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