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Fino Payments Bank's CEO was arrested Feb. 27, 2026, over GST issues with partners, not bank compliance; operations continue unaffected.
Fino Payments Bank's CEO Rishi Gupta was arrested on February 27, 2026, under GST laws related to an investigation involving business partners, not the bank’s own compliance.
The bank stated the matter does not affect operations, no other officials are involved, and it is cooperating with authorities.
CFO Ketan Merchant was appointed interim head.
The bank, which recently received in-principle RBI approval to become a small finance bank, reported no disruption to services.
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El CEO de Fino Payments Bank fue arrestado el 27 de febrero de 2026 por problemas de GST con socios, no por cumplimiento bancario; las operaciones continúan sin ser afectadas.