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FinanceDalal Street Investment Journal

Small-Cap Payments Bank Stock Touches Four-Month High of Rs 189.47; New Accounts Rise 31% as Loan Referral Disbursals Surge 253% YoY

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  1. Fino Payments Bank share price rose 9.22% to Rs 176.21, touching a four-month high of Rs 189.47 on July 14, 2026.

  2. Fino Payments Bank opened 3.13 lakh new accounts in June 2026, a 31% YoY increase, bringing total accounts to 1.8 crore.

  3. Loan referral disbursals surged 253% YoY to Rs 240 crore in June 2026 from Rs 68 crore.

  4. Digitally active customers grew 22% YoY to 64.7 lakh, and active users on the FinoPay mobile app increased 38% to 8.4 lakh.

  5. Fino Payments Bank is working towards a transition to a Small Finance Bank to enable direct lending, subject to RBI approval.

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