Fino Payments Bank Limited has informed the Exchange about change in Management
FINOPB · price
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RBI has approved extending Mr. Ketan Merchant's tenure as Interim CEO of Fino Payments Bank for another three months, effective May 27, 2026. This follows a prior letter dated May 21, 2026, and the extension has received formal regulatory clearance from RBI. The company continues to operate with an interim chief executive, indicating that a permanent CEO appointment has not yet been finalised. The disclosure is made under SEBI Listing Regulations, specifically Regulation 30.
The stock may see limited reaction as the extension provides continuity, but the continued reliance on an interim CEO signals that leadership uncertainty persists, which could be viewed cautiously by long-term investors.