Fundz

Fino Payments Bank Appoints Ketan Merchant as Chief Executive Officer

PRIVATEFeb 28, 2026

Position

Chief Executive Officer

Company

Fino Payments Bank Ltd

Ketan Merchant
IndiaFinancial ServicesFinanceFintechLendingBanking

Description

Following the arrest of MD&CEO Rishi Gupta under GST law, Fino Payments Bank has appointed Ketan Merchant, the CFO, to oversee operations in his absence. The arrangement will remain until Gupta resumes his position or the Board resolves the matter.

Quick answer

Fino Payments Bank Appoints Ketan Merchant as Chief Executive Officer (February 28, 2026). Fino Payments Bank Ltd is based in India.

Who is the new Chief Executive Officer at Fino Payments Bank Ltd?
Fino Payments Bank Ltd named Ketan Merchant Chief Executive Officer, announced February 28, 2026.
What did Fino Payments Bank Ltd announce on February 28, 2026?
Following the arrest of MD&CEO Rishi Gupta under GST law, Fino Payments Bank has appointed Ketan Merchant, the CFO, to oversee operations in his absence. The arrangement will remain until Gupta resumes his position or the Board resolves the matter.
What does Fino Payments Bank Ltd do?
Fino Payments Bank Ltd is a regulated payments bank that provides a range of banking and payment services.
Where is Fino Payments Bank Ltd based?
Fino Payments Bank Ltd is based in India.
Which similar companies made leadership changes around the same time?
Fino Payments Bank (February 27, 2026), NatWest Group (February 27, 2026), First National Bank of Namibia (March 3, 2026) and Stanbic (March 3, 2026) also announced leadership changes within 45 days of Fino Payments Bank Ltd.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Fino Payments Bank Ltd, and when

A new leader at Fino Payments Bank Ltd brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day Fino Payments Bank Ltd raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Fino Payments Bank Ltd, from your own LinkedIn network

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Company Information

Company

Fino Payments Bank Ltd

Location

India

About

Fino Payments Bank Ltd is a regulated payments bank that provides a range of banking and payment services. The bank focuses on financial inclusion and aims to support customers and businesses in their financial needs. It operates within the banking sector and complies with all applicable laws.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.