Fino Payments Bank Ltd has announced the re-appointment of Rishi Gupta as its Managing Director and Chief Executive Officer after receiving approval from the Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee. The proposed re-appointment is for a three-year term commencing May 2, 2026 and ending May 1, 2029, subject to the necessary approvals from the Reserve Bank of India (RBI) and the bank’s shareholders, in compliance with the Banking Regulation Act, 1949.
In parallel, the Reserve Bank of India has approved Mr. Rishi Gupta’s re-appointment as Managing Director and CEO of Fino Payments Bank, extending his tenure until May 2026. While the regulatory clearance confirms the central bank’s approval, the continuation of his role beyond this period will require formal shareholder consent.
Rishi Gupta is a founder of Fino PayTech Limited, the holding entity of Fino Payments Bank Limited, and has been closely associated with the FINO Group’s evolution since its inception. Over the years, he has held several key leadership roles, including Chief Operating Officer and Chief Financial Officer, before serving as Managing Director and Chief Executive Officer of Fino PayTech Limited until May 2017.
His professional journey also includes active participation in industry bodies such as the Business Correspondent Federation of India, ASSOCHAM, and the Confederation of Indian Industry, where he currently serves as Co-Chair of the Fintech Committee. An alumnus of Shri Ram College of Commerce, University of Delhi, Gupta began his career with Maruti Udyog Limited on contract and later worked with ICICI Bank. He brings more than 30 years of experience spanning financial services, digital banking, and corporate governance.
The RBI’s decision to approve Gupta’s re-appointment demonstrates regulatory confidence in his leadership capabilities and the bank’s strategic direction. This approval is particularly significant given the stringent regulatory oversight that payment banks operate under in India’s financial services sector.
The approvals reinforce leadership stability at Fino Payments Bank as it continues to compete in India’s rapidly evolving digital financial services ecosystem.
