Fino Payments Bank Posts ₹20.9 Crore Q2 Loss As Revenue Drops 17%

29 Oct 2026, 7:58 pm · 2h ago · 1 min read · Inc42New

Fino Payments Bank posted a net loss of ₹20.9 crore for the second quarter, marking its second consecutive loss-making quarter following operational disruptions faced earlier in February. The bank had reported a net profit of ₹15.4 crore in the corresponding year-ago period. Total income fell 16.6% year-on-year to ₹333.6 crore, compared to ₹400.1 crore in Q2 last year, primarily dragged down by a 23.8% decline in fee and commission income to ₹259.2 crore. Meanwhile, interest earned rose 24% to ₹74.5 crore, while total expenditure stood at ₹354.5 crore, surpassing its total revenue.