Fino Payments Bank Announces Bail for MD & CEO, Rishi Gupta
Fino Payments Bank Ltd. (Symbol: FINOPB) announced on March 26, 2026, that Rishi Gupta, the Managing Director & CEO, has been granted bail by the Hon'ble Special Judge for Economic Offences in Hyderabad.The ongoing investigation concerns program managers associated with multiple banks, and Fino Payments Bank confirmed that it does not relate to the bank's Goods and Services Tax (GST) compliance. The bank stated it will continue to fully cooperate with the authorities.
Despite the ongoing investigation, Fino Payments Bank noted it continues to experience positive momentum in its core business, with sustained increases in deposits and growth in referral assets.
The bank reaffirmed its commitment to strong governance practices, regulatory adherence, and transparency. Operations remain stable, and the bank will continue to serve its customers and stakeholders.
This information will also be available on the bank's website at www.fino.bank.in.
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