Fino Payments Bank September Update: Accounts opened fall 17%; average deposits rise 13%

Fino Payments Bank’s loan referral disbursals surged 223% year-on-year to ₹278 crore in September, while its average total deposits rose 13% to ₹2,794 crore. The bank also reported 10% growth in Cash Management Services (CMS) throughput, while transaction business throughput declined 10%.

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