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Fino Payments Bank extends interim CEO Ketan Merchant’s term by three months

Fino Payments Bank’s board extended interim CEO Ketan Merchant’s tenure by three months from August 27, subject to RBI approval. Merchant replaced former MD and CEO Rishi Gupta after his February arrest in a GST-linked illicit-funds investigation.

Who and when

From the report. Source details below

  • 3 months
  • August 27, 2026
  • May 27, 2026

What to watch next

  • Changes in deposit growth, transaction volumes, agent activity, customer complaints or partner-bank relationships.

The source

Source Read the source at Business Standard

Published

Confirmed by ET Small Business

First seen