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Fino Payments Bank’s Shares Surge 9% After RBI Approves CEO's Reappointment
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Fino Payments Bank’s Shares Surge 9% After RBI Approves CEO's Reappointment
Shares of Fino Payments Bank zoomed close to 9% to INR 227.45 during the intraday trading on the BSE today. The uptick came after the bank, which is currently in the process of converting into a small finance bank (SFB), said that the RBI has approved the reappointment of Rishi Gupta as its MD and CEO for a period of three years, with effect from May 2, 2026. Gupta, a chartered accountant, was part of the founding team of Fino Payments Bank, he…
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