Fino Payments Bank has announced that its Managing Director and CEO, Rishi Gupta, has been granted bail by the Hon’ble Special Judge for Economic Offences in Hyderabad. The decision was made on 26 March 2026, following a hearing related to a bail application filed on merits.
The ongoing investigation involves certain programme managers associated with multiple banks, including Fino Payments Bank. The bank has clarified that the investigation does not pertain to its GST compliance. Despite the legal proceedings, Fino Payments Bank continues to experience growth in its core business, with an increase in deposits and referral assets, highlighting the strength of its operating model.
Fino Payments Bank has reiterated its commitment to maintaining strong governance practices, regulatory adherence, and transparency. The bank’s operations remain stable and uninterrupted, ensuring continued service to its customers and stakeholders.
The bank has assured that it will continue to cooperate fully with the authorities and engage constructively with regulators and stakeholders. It also stated that it will make appropriate disclosures in accordance with applicable laws and regulatory requirements.
This disclosure is available on the bank’s website at www.fino.bank.in.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).