Fino Payments Bank says it's focused on SFB transition
Published on: March 4, 2026, 12:49 a.m. | Source: The Economic Times
Fino Payments Bank's interim head Ketan Merchant stated the arrest of CEO Rishi Gupta will not affect the bank's transition to a small finance bank. He confirmed no abnormal impact on deposits. The issue involves program managers linked to the real money gaming business. The bank continues proactive engagement with the RBI. Customer balances and business volumes remain stable.
