SFB launch timeline intact for FY28
Management confirmed no change in SFB conversion plans; in-principle approval received Dec 5, 2025, and all regulatory milestones are on track.
FINOPAYMENTSBANK / guidance tracker
Keep management guidance in view.
Fino Payments Bank · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
Target 20% ROE by FY30
Aims to achieve 20% return on equity by FY30 through asset-light model, low-cost liability advantage, and merchant-sourced business.
CASA account opening momentum to continue
Focus on retail CASA accounts; March saw 3.2 lakh new accounts (highest in 3 years) and management expects this momentum to persist in FY27.
Digital payment business paused for review
UPI P2M business is paused; existing merchants cannot transact and no new onboarding until a comprehensive review is completed, likely by end of Q1 FY27.