ALPHA TRIBE

Fino Payments Bank LimitedInvestor Meet, 04-03-2026: Analysts/Institutional Investor Meet/Con. Call Updates

04-03-2026 | 05:26 pm

Fino Payments Bank addressed the MD & CEO's arrest concerning alleged GST evasion by certain program managers. Management clarified the bank and MD/CEO in official capacity have no role in program manager operations and confirmed the bank's GST compliance, foreseeing no financial liability. Business operations remain uninterrupted; customer balances of INR 2,250 Cr and daily throughput around INR 1,300 Cr are maintained. The Board appointed CFO Ketan Merchant for interim oversight, reassuring stakeholders of continuity and stability. The bank banned real money gaming merchants in August 2025, with Q3 results reflecting this. Management expressed confidence in operational stability and governance, indicating no impact on SFB plans.

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