Mumbai, Aug. 27 -- The extension would be effective from 27 August 2026 or till the date of taking charge of regular MD & CEO, whichever is earlier.

The announcement was made post market hours yesterday, 26 August 2026.

Fino Payments Bank, a subsidiary of Fino Paytech, is a technology-led, asset-light digital bank serving emerging India. Backed by marquee investors including ICICI Group, BPCL, Blackstone, LIC, and IFC, Fino operates a high-volume, low-cost model focused on financial inclusion. The bank has received 'In-principle' approval from RBI to convert into a small finance bank on 5th December 2025, making it the first payments bank to achieve this distinction.

The bank had reported a standalone net loss of Rs 13.72 crore in the ...