Fino Payments Bank’s performance has sharply deteriorated since CEO Rishi Gupta’s arrest, with net profit collapsing and revenue sliding across quarters. The damage stems from an RBI circular that crippled bank-led remittances, stress in NBFC and microfinance clients that fund its cash management, and a pullback from digital payments after gaming-linked investigations. Yet management points to a booming deposit base and a potential edge for its upcoming small finance bank plans.
Fino Payments Bank’s Q4 FY26 net profit fell 70% YoY to ₹7.1 crore, and full-year profit dropped 43% to ₹52.5 crore. Total income shrank 14% YoY in FY26, while Q4 revenue fell sharply—especially “other banking operations.” The bank says the decline isn’t linked to its ex-CEO’s arrest, though regulatory scrutiny and conditions for reinstatement remain in play.
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