Fino Payments Bank CEO Arrest Sparks Industry Shockwave
Published on: Feb. 27, 2026, 11:56 p.m. | Source: Devdiscourse
Fino Payments Bank's CEO Rishi Gupta was arrested for alleged GST law violations. Following his arrest, CFO Ketan Merchant was appointed to manage operations. The bank states Gupta's arrest relates to business partners, not its GST compliance. This incident has raised discussions about stringent GST provisions.
