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Fino Payments Bank Q4 Results | Net profit slumps 70% even as NII rises 31%
The bank reported its highest quarterly net revenue margin of 40% in Q4 FY26, supported by a rise in CASA contribution to 45%. Shares of FINO Payments Bank Ltd ended at ₹134.70, up by ₹0.70, or 0.52%, on the BSE today, April 29.
Mint Explainer | What losing its payments bank licence means for Paytm
RBI action caps a years-long regulatory clampdown, forcing Paytm to recast its payments stack and rethink its lending strategy.
Fino Payments Bank completes ₹200 crore tech upgrade, gears up for small finance bank transition
The lender said the upgrade marks a key milestone in its digital transformation, enabling faster product launches, improved system resilience, and higher transaction processing capacity across payments and lending businesses.
Fino Payments Bank says MD & CEO unavailable for 45+ days amid fit-and-proper review
Shares of FINO Payments Bank Ltd ended at ₹132.35, down by ₹3.15, or 2.32%, on the BSE.
RBI mandates payment of inward remittances on same business day
The Reserve Bank of India is speeding up money transfers from abroad. Banks must now credit foreign payments to accounts on the same business day. This change aims to make remittances faster for everyone. Banks have six months to get ready. This move will help millions of people receive money quicker. India is the world's top recipient of these funds.
RBI mandates payment of inward remittances on same business day
The Reserve Bank of India is speeding up money transfers from abroad. Banks must now credit foreign payments to accounts on the same business day. This change aims to make remittances faster for everyone. Banks have six months to get ready. This move will help millions of people receive money quicker. India is the world's top recipient of these funds.
RBI proposes one-hour delay on high-value digital transfers to curb fraud
The Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra checks for senior citizens. Customers will get a 'kill switch' to freeze all digital payments instantly. These measures aim to protect people as digital payments and fraud cases surge.
RBI proposes one-hour delay on high-value digital transfers to curb fraud
The Reserve Bank of India is proposing new rules to fight digital payment fraud. These include delays for certain bank transfers and extra checks for senior citizens. Customers will get a 'kill switch' to freeze all digital payments instantly. These measures aim to protect people as digital payments and fraud cases surge.
RBI ask banks to speed up inward foreign payments with faster alerts, one-hour reconciliation
The Reserve Bank of India has issued new directives to banks. These rules aim to speed up inward cross-border payments. Customers will be notified immediately about payments received. Banks must also reconcile nostro accounts within an hour. These changes will be effective in six months, enhancing efficiency for foreign exchange transactions.
RBI may soon make you wait an hour before your UPI transfers goes through
The Reserve Bank of India is exploring new measures to curb digital payment fraud. A key proposal suggests a one-hour pause for large transactions above ₹10,000. This aims to break fraudsters' psychological hold on victims. Other options include trusted person authentication for seniors and disabled individuals, and a 'kill switch' for digital payments.
Fino Payments Bank adds 7 lakh accounts in Q4, deposits hit record high; transactions dip sequentially
The bank recorded its highest-ever quarterly renewal income of ₹62.2 crore, while deposits reached an all-time high of over ₹2,950 crore in March 2026.
Jio Payments Bank introduces UPI-based cash withdrawal services
Jio Payments Bank now allows UPI-based cash withdrawals. Customers can scan a UPI QR code at business correspondent points to get cash. This eliminates the need for debit cards or ATMs. The initiative aims to improve digital payment access, especially in rural and semi-urban areas. It strengthens UPI's reach and promotes financial inclusion across India.