{
  "id": 17074617,
  "title": "Fino Payments Bank Posts ₹21 Cr Loss In Q2, Total Income Falls 17% YoY",
  "url": "https://urgent.news/2026/10/29/fino-payments-bank-posts-21-cr-loss-in-q2-total-income-falls-17-yoy",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-29T14:28:30.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/fino-payments-bank-posts-%e2%82%b921-cr-loss-in-q2-total-income-falls-17-yoy/"
  },
  "original_language": "en",
  "account": "Fino Payments Bank has reported a second consecutive quarter of losses in Q2 FY27, with a net loss of ₹20.9 Cr, compared to a net profit of ₹15.4 Cr in the same period last year. This marks the second loss-making quarter for the company, following operational disruptions in February. The company's total income declined by 16.6% to ₹333.6 Cr, down from ₹400.1 Cr in the same quarter last year. Fino's other income, which includes fees and commissions from its banking and payment services, fell by 23.8% year-on-year to ₹259.2 Cr, while its interest earned from investments and other sources rose by 24% to ₹74.5 Cr. However, the company's total expenditure, excluding provisions and contingencies, also decreased by 6.4% to ₹354.5 Cr, remaining above its total income.",
  "summary": "Fino Payments Bank posted a second consecutive quarter of loss in Q2 FY27, reporting a net loss of ₹20.9 Cr…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Standard IN",
        "title": "Fino Payments Bank posts ₹20.9 crore Q2 loss on margin compression",
        "url": "https://urgent.news/2026/10/29/fino-payments-bank-posts-20-9-crore-q2-loss-on-margin-compression",
        "published": "2026-10-29T16:53:21.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}