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Management Change13 Nov 2026, 07:30 am

Fino Payments Bank: RBI Approves Pratap Singh as MD & CEO

AI Summary

Fino Payments Bank Limited has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Pratap Singh as its Managing Director & Chief Executive Officer (MD & CEO). The approval is for a period of three years, effective from November 27, 2026, or the date he takes charge. The appointment is subject to shareholder approval. Mr. Singh brings over 29 years of banking experience, with a background in retail banking, SME banking, digital transformation, and business model redesign, having previously worked with institutions like ICICI Bank and SBI UK. He is not related to any existing directors or key managerial personnel of the bank.

Key Highlights

  • RBI approves appointment of Mr. Pratap Singh as MD & CEO.
  • Appointment is for a three-year term starting November 27, 2026.
  • Shareholder approval is still required for the appointment.
  • Mr. Singh has 29+ years of extensive banking experience.