RBI approves Pratap Singh as Fino Payments Bank MD

GreyOak summary

The Reserve Bank of India has approved the appointment of Pratap Singh as the Managing Director and CEO of Fino Payments Bank for a three-year term. The appointment, effective from November 27, 2026, follows the arrest of the previous CEO, Rishi Gupta, for alleged GST violations. The bank's board will now formalize the appointment pending shareholder approval.