The Daily PulseBusiness
Fino Payments Bank Shares Jump 13 Percent After September Update
Reported by Aditya Chauhan (Staff Writer) · Economic Times - Markets ·
Reported by one source so far
Shares of Fino Payments Bank jumped 13.34 percent to reach Rs 145.80 following the release of its September 2026 business update.
Business Growth And Declines
The bank saw strong growth across multiple areas including CASA, total deposits, renewal income, digital customers, CMS throughput, and loan referrals which jumped by 223 percent. At the same time, transaction throughput and the opening of new deposit accounts saw a decline.
Market Value
Following the sharp surge on Thursday, the total market value of Fino Payments Bank reached around Rs 1,221 crore.
Context
Even with this recent stock rally, the share price stays well below its 52-week high and continues to trade below four of its eight simple moving averages. Company business updates help investors track monthly or quarterly changes in customer activity and financial health before official earnings results come out.
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