FINOPB

Reports Strong June Business Update

reported a healthy business update for June, driven by growth in deposits and a sharp increase in loan referral activity. Key Highlights: Total Deposits: ₹2,040 crore, up 11% YoY CASA Deposits: ₹944 crore, up 10% YoY Loan Referral Disbursements: ₹1,587 crore, a 3.5x increase YoY Monthly Transactions: 13.3 crore, up 16% YoY Gross Revenue: ₹148 crore, up 11% YoY The strong growth in loan referrals reflects increasing traction in the bank's partnership-led lending model, while steady growth in deposits and transaction volumes indicates continued customer engagement across its digital and assisted banking network.