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FINO Payments Bank Ltd. ( (IN:FINOPB) ) has shared an update.
Fino Payments Bank has received approval from the Reserve Bank of India for the appointment of Mr. Ketan Merchant as Interim CEO, effective February 27, 2026, for a period of three months. He will serve in this role until existing CEO Mr. Rishi Gupta resumes office following a reassessment of his fit-and-proper status by the Nomination and Remuneration Committee and the Board, and a final view is taken by the RBI, signaling a temporary leadership transition under close regulatory oversight.
More about FINO Payments Bank Ltd.
Fino Payments Bank Limited is an Indian payments bank headquartered in Navi Mumbai, operating in the financial services sector with a focus on digital banking and payment solutions for retail and mass-market customers. The bank is listed on Indian stock exchanges and functions under the regulatory framework of the Reserve Bank of India and SEBI listing requirements.
Average Trading Volume: 22,030
Technical Sentiment Signal: Sell
Current Market Cap: 15.14B INR
See more insights into FINOPB stock on TipRanks’ Stock Analysis page.