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Fino Payments Bank June update: Deposits rise 11%, loan referrals surge 3.5x

mint - markets · 5h ago · 🇮🇳 India
Fino Payments Bank June update: Deposits rise 11%, loan referrals surge 3.5x

Fino Payments Bank reported an 11% year-on-year growth in deposits to ₹2,755 crore, with 3.1 lakh new accounts opened. Its loan referral business saw a 3.5x increase to ₹240 crore, but transaction throughput declined 35% due to the shift to UPI.

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