Fino’s FY26 Gameplan: CASA & UPI Expansion To Bolster FY26 Top Line By 20-25%...

Fino Payments Bank has unveiled an ambitious FY26 strategy targeting 20-25% revenue growth through expansion of its CASA deposits and UPI-based services. The digital bank plans to increase its distribution network to 1.2 million touchpoints across India, with special emphasis on rural and semi-urban markets that contribute majority of its business. Key initiatives include launching tailored UPI solutions for kirana stores, expanding domestic remittance services, and enhancing its Bharat BillPay offerings. Fino will also strengthen partnerships with insurance providers and fintech companies to boost fee income. Having crossed 10 million customers in FY25, the bank is investing in vernacular interfaces and API banking capabilities to improve accessibility. The asset-light model focuses on leveraging existing retail networks rather than building physical branches, helping maintain healthy operational metrics. These measures aim to capitalize on India's growing digital payments ecosystem while addressing the financial inclusion gap in underserved regions.