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RBI approves Pratap Singh's appointment as MD & CEO of Fino Payments Bank

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: RBI approves Pratap Singh's appointment as MD & CEO of Fino Payments Bank
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Market & Financial Impact: The appointment is effective from November 27, 2026, or the date of taking over charge, whichever is earlier, Fino Payments Bank said in a regulatory filing
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Actionable Insight: 🏛️ Policy & Macro: Interest rate, inflation, or regulatory changes affecting broad market valuations.

The board will take necessary steps for his appointment, which will be subject to approval of shareholders of the bank (Image: Company website)

Fino Payments Bank on Friday said the Reserve Bank of India has approved the appointment of Pratap Singh as MD & CEO of the bank for a period of three years.

The appointment is effective from November 27, 2026, or the date of taking over charge, whichever is earlier, Fino Payments Bank said in a regulatory filing.

The board will take necessary steps for his appointment, which will be subject to approval of shareholders of the bank, it said.

Currently, Chief Financial Officer of the bank Ketan Merchant is serving as the lender's interim CEO.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
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