Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Fino Payments' avg total deposits climb 11% YoY in June'26
Fino Payments Banks' average total deposits jumped 11% to Rs 2,755 crore in June 2026 compared with Rs 2477 crore in June 2025.
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.
Fino Payments Bank June Update: New accounts surge 31%, loan referral jump 3.5x
Shares of FINO Payments Bank Ltd ended at ₹136.25, up by ₹1.55, or 1.15%, on the BSE.
IDFC First Bank launches EPFO payment services
IDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initiate PF payments directly via the EPFO portal. Transactions can then be completed using IDFC FIRST Bank's digital banking platforms. Customers can now make provident fund payments quickly and securely. The bank served 38 million customers as of March 31, 2026.
NPCI turns to AI to stop frauds from siphoning off money
India's banking sector is set to gain a powerful new weapon against digital fraud. The National Payments Corporation of India (NPCI) has initiated a pilot for an AI model that can detect and track stolen money in real-time as it moves across bank accounts. This innovative technology aims to intercept fraudulent transactions before funds vanish, significantly reducing losses for victims and bolstering the security of digital payments across the nation.
Female entrepreneurs to drive deeper digital finance adoption says DBS Bank study, finds 84% already use payment tools
Digital tools are becoming "increasingly integral to business management" for female entrepreneurs in India, supporting everything from payments and credit to payroll and future planning, according to DBS Bank India's latest Women and Finance study. The report saID sustaining this momentum will require "going beyond traditional banking to create connected ecosystems that help entrepreneurs at every stage of their business journey."
Female entrepreneurs to drive deeper digital finance adoption says DBS Bank study, finds 84% already use payment tools
Digital tools are becoming "increasingly integral to business management" for female entrepreneurs in India, supporting everything from payments and credit to payroll and future planning, according to DBS Bank India's latest Women and Finance study. The report saID sustaining this momentum will require "going beyond traditional banking to create connected ecosystems that help entrepreneurs at every stage of their business journey."
RBI tightens rules on recovery of excess pension payments
Government pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has mandated that banks must inform pensioners and obtain their consent before recovering any excess pension payments. This new directive ensures that individuals are aware and agree to any adjustments, preventing abrupt debits and requiring a written undertaking from pensioners for future recoveries.
Hybrid Financial Services Ltd leads gainers in 'B' group
NELCO Ltd, Dynamic Cables Ltd, Nitco Ltd and Fino Payments Bank Ltd are among the other gainers in the BSE's 'B' group today, 18 June 2026.
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI Report
India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's external position. These steps aim to strengthen the Rupee and attract foreign capital. This could lead to a balance of payments surplus for FY27. Inflows are expected to boost foreign exchange reserves and banking system liquidity.
Fino Payments Bank surges after acquiring over 2.9 lakh customers in May'26
Fino Payments Bank jumped 5.63% to Rs 135.50 after the bank said that it has acquired 2.93 lakh customers in May 2026, which is higher by 29% as compared with the figure of 2.27 lakh recorded in May 2025.
Fino Payments Bank jumps 10% on releasing May business update
Fino Payments Bank has reported its business performance for May 2026, highlighting robust growth in deposit accounts and loan referrals