The current CEO of Fino Payments Bank will be retiring in May 2026, with no reported issues. Meanwhile, the interim CEO and CFO have had their positions extended temporarily, subject to Reserve Bank of India's approval.

Fino Payments' CEO has chosen to retire from his position on a voluntary basis. Sun TV's earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped by 9%, resulting in a margin of 44.3%. Meanwhile, Welspun Corporation experienced a significant 47% decline in profits.

Fino Payments Bank rebounded strongly on May 19, 2026, with a 5.98% increase that resulted in a 4.03% closing gain. This positive movement marked an end to a seven-day losing streak, outperforming both the Sensex and fellow fintech companies.

Fino Payments Bank reported a 13% year-on-year increase in deposits to ₹2,801 crore for April, along with a tripling of loan referrals. However, the profit after tax (PAT) dropped by 70% YoY to ₹7.1 crore. Unfortunately, the stock price remains 71% below its September 2024 peak of ₹467.

Fino Payments Bank shows significant growth in its CASA accounts, up by 9% year-on-year to reach nearly 2.4 million. Deposits also increased by 13%, totaling around Rs. 28 billion, while loan disbursements soared by an impressive 204% to approximately Rs. 166 crore.

Fino Payments Bank will release their Q4 and FY26 audited results on the 29th of April. Trading is currently suspended from the 1st to the 1st of May due to regulatory restrictions and insider trading guidelines.

Fino Payments Bank has allocated INR 200 crores towards a modernized core banking platform, preparing for the shift to Small Finance Bank (SFB). Although there might be a short-term decrease in volume during Q4 of FY26 due to this transition, the upgraded technology will facilitate quicker scaling of products in the long run.

The CEO of Fino Payments Bank is temporarily absent for 45 days, with the interim head approved by the Reserve Bank of India. Despite the leadership change, bank operations remain steady and they recently achieved their highest deposit balance to date in March 2026.

Fino Payments Bank saw significant growth in the last quarter of the fiscal year 2026, adding over 7 million new accounts and reaching a total customer base of 1.75 crore. The bank also experienced a notable increase in deposits, reaching approximately 29.5 billion rupees in March alone. Loan growth was impressive as well, with a 96% quarter-over-quarter jump to 600 crore rupees.

Aashish Pathak, the Chief Compliance Officer at Fino Payments Bank, has announced his departure due to personal reasons, effective March 31, 2026. His resignation was submitted on March 13.

The arrest of CEO Rishi Gupta over GST evasion charges has sent Fino Payments Bank's stock to a record low of ₹112.1, casting doubts on the bank's Small Finance Bank (SFB) aspirations due to leadership uncertainties. The reliance on external managers and growing concerns about governance and compliance have been brought to light by this incident.