BSECompany Update26 Aug 2026 · 26 Aug 2026, 04:41 pm
Approval of RBI for extension of tenure of Mr. Ketan Merchant as Interim CEO
Fino Payments Bank Ltd · 543386
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Fino Payments Bank Ltd has received approval from the Reserve Bank of India (RBI) to extend the tenure of Mr. Ketan Merchant as Interim CEO for a further period of three months.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Fino Payments Bank Ltd - 543386 - Announcement under Regulation 30 (LODR)-Change in Management
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August 26, 2026
BSE Limited National Stock Exchange of India Limited
P.J. Towers, Exchange Plaza, 5th Floor, Plot No. C/1, G
Dalal Street, Block, Bandra - Kurla Complex,
Mumbai- 400 001 Bandra (E), Mumbai - 400 051
Scrip Code: 543386 Symbol: FINOPB
Dear Sir/ Madam,
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Approval of
Reserve Bank of India (“RBI”) for extension of tenure of Mr. Ketan Merchant as
Interim CEO of Fino Payments Bank Limited (“Bank”)
This is in continuation of our letter dated August 24, 2026, we wish to inform that the Reserve
Bank of India (‘RBI’) vide its letter dated August 25, 2026, has approved the extension of
tenure of Mr. Ketan Merchant as Interim CEO of the Bank, for a further period of three months
w.e.f. August 27, 2026 or till the date of taking charge of regular MD & CEO, whichever is
earlier.
This disclosure will also be available on the Bank’s website i.e. www.fino.bank.in.
Kindly take the same on your record.
Thanking you
Yours faithfully,
For Fino Payments Bank Limited
Basavraj Loni
Company Secretary & Compliance Officer
Place: Navi Mumbai
Fino Payments Bank Limited
Registered Office: Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8th Floor, TTC Industrial Area, MIDC Shirwane, Juinagar, Navi Mumbai-
400 706 | CIN: L65100MH2007PLC171959 | Tel: (+91 22) 7104 7000 | Website: www.fino.bank.in | Email: cs@fino.bank.in