Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI review

Fino Payments Bank has put managing director Rishi Gupta’s reappointment on hold, pending a regulatory review of his ‘fit and proper’ status by the RBI. The bank’s board withdrew a shareholder vote notice after Gupta’s recent arrest and subsequent bail in a GST probe. His candidature remains under consideration for a future date.

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