Fino Payments Bank board extends tenure of interim CEO by another 3 months

Fino Payments Bank’s board approved Ketan Merchant’s interim CEO tenure extension. This extension is for three months, starting from August 27, 2026. The decision requires approval from the Reserve Bank of India. Merchant’s interim role began after Rishi Gupta’s arrest in February. Gupta faced charges related to Goods and Services Tax law violations.

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