Fino Payments Bank Limited submitted its financial outcomes for the period ending March 31, 2026. The notice highlights the approval of audited yearly results and un-audited quarterly figures. Additionally, the bank confirmed the extension of Mr. Aninda Mukherjee’s tenure as Chief Risk Officer until 2029.
The notice details that the Board of Directors met on April 29, 2026, to finalize the accounts issued by Statutory Auditors M/s. Bilimoria Mehta & Co. A critical update mentioned is the interim leadership arrangement; Mr. Ketan Merchant was appointed Interim CEO in early 2026 following the legal investigation of the permanent CEO, Mr. Rishi Gupta, regarding program managers’ GST issues.
Fino Payments Bank is a leading fintech-driven bank in India specializing in “phygital” delivery of financial services. Throughout 2025, the bank significantly expanded its footprint in the UPI P2M (Person-to-Merchant) space and received RBI’s in-principle nod to become a Small Finance Bank. Recent updates include a comprehensive risk-based review of UPI controls and the successful navigation of regulatory changes concerning the 2025 Labour Codes.
For the full financial year 2025-26, the bank reported a total income of ₹1,587.93 Crores, compared to ₹1,847.10 Crores in the previous year. The net profit for the full year stood at ₹52.46 Crores. The bank’s institutional backing includes prominent investors such as Bharat Petroleum Corporation Limited (BPCL) and Blackstone-backed entities, who have been instrumental in the bank’s growth trajectory and its transition toward a Small Finance Bank license.
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