Explainer: What the Fino case says about digital payments oversight
Published on: March 9, 2026, 1:13 a.m. | Source: The Financial Express
The arrest of Fino Payments Bank MD & CEO Rishi Gupta by the Directorate General of GST Intelligence (DGGI) has sent shockwaves through India’s fintech ecosystem. While the bank maintains that the probe concerns third-party "programme managers" allegedly linked to illicit funds from banned online gaming platforms.
