Subscribe

Fino Payments Bank

Telangana HC dismisses Fino Bank MD and CEO Rishi Gupta

Telangana HC dismisses Fino Bank MD and CEO Rishi Gupta's bail plea

23 Mar 2026, 22:35 PM

After multiple adjournments, a division bench comprising Chief Justice Aparesh Kumar Singh and Justice G.M. Mohiuddin dismissed the writ petition filed by Gupta.

A CEO arrested, hearing delayed; Sarvam

A CEO arrested, hearing delayed; Sarvam's AI pitch

07 Mar 2026, 20:30 PM

We write about the uneasy silence and fear hovering over the arrest of Fino CEO Rishi Gupta; and why Sarvam AI’s new startup programme may be less about startup support...

Fino Bank MD and CEO Rishi Gupta arrested

Fino Bank MD and CEO Rishi Gupta arrested

27 Feb 2026, 21:41 PM

Gupta has been arrested under the CGST Act, 2017 and the SGST Act, 2017.

Fino Payments Bank Q3 revenue falls 15% to Rs 394 crore, net profit halves

Fino Payments Bank Q3 revenue falls 15% to Rs 394 crore, net profit halves

30 Jan 2026, 12:36 PM

The company incurred an exceptional expense of Rs 3.1 crore during the quarter.

Fino Payments Bank gets RBI

Fino Payments Bank gets RBI's in-principle approval for small finance bank

06 Dec 2025, 11:07 AM

As a small finance bank, Fino will be able to finally lend to its customers from its own book.

Fino Bank reports growth in FY25 revenues, net profit

Fino Bank reports growth in FY25 revenues, net profit

08 May 2025, 14:38 PM

The bank's net profit grew to Rs 92.5 crore during the period, from Rs 86.2 crore in FY24.

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

Fino Bank employees defraud merchants of Rs 35.55 crore; investigation reveals misconduct

27 Jan 2025, 16:08 PM

The payments bank hired KPMG to conduct an independent investigation.

Who Reads Us

Fintech Highlights

  1. CoinDCX founders get bail as court cites lack of prima facie evidence

  2. Digital personal loan value in Q3 FY26 up 53% to Rs 56,892 crore: FACE

  3. Telangana HC dismisses Fino Bank MD and CEO Rishi Gupta's bail plea

  4. Buyer-centric financial marketplace Finfinity bags seed funding

  5. CoinDCX founders arrested on allegations of criminal breach of trust
  6. Read more news...

AI/Emerging Tech

  1. Pranos raises seed funding co-led by pi Ventures, Ankur Capital

  2. Workroom Automation raises seed funding led by Equirus Innovate X Fund

  3. Italy's Poggipolini acquires majority stake in Aero Fasteners

  4. Rymo Technologies raises seed funding from IAN Group

  5. Assiduus Global secures pre-Series B funding led by Bajaj Finserv
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. A CEO arrested, hearing delayed; Sarvam's AI pitch

  2. Airtel's lending leap; Responsible AI only on paper?

  3. AI everywhere. Fintech...somewhere; India's AI groundwork

  4. The Wegofin episode; India's AI optics vs spending reality
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar