FINOPB

March 25 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• Q4 REFERRAL LOAN DISBURSEMENTS REACHED 5.40 BILLION RUPEES AS OF MARCH 20, 2026

Source text: ID:nBSE20MLGR

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

** Fino Payments Bank FINY.NS slips 18% to a record low of 137 rupees; set to fall for a third straight session

** Lender may face ED probe as Directorate General of Goods and Services Tax Intelligence (DGGI) flags suspected money-laundering linked to online gaming transactions, Economic Times reports

** Bank clarifies probe reports "non‑factual and speculative"; says it's under DGGI inquiry

** Adds current DGGI probe relates to certain programme managers, merchants across multiple banks, not its own GST compliance

** Says no involvement in gaming or betting activities

** YTD, FINY down 35%

(Reporting by Yagnoseni Das in Bengaluru)

((Yagnoseni.Das@thomsonreuters.com;))

March 12 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• BANK HAD CHALLENGED BEFORE COURT LIEN MARKED BY CID

• COURT HAS NOT ACCEPTED APPLICATION FILED, SHALL CHALLENGE ORDER IN HIGH COURT

Source text: ID:nBSE1cl1Sq

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;;))

Adds background and details paragraph 2 onward

March 4 (Reuters) - India’s Fino Payments Bank FINY.NS said on Wednesday its planned conversion into a small finance bank is progressing within the central bank's 18‑month timeline amid scrutiny linked to a tax probe that has led to the arrest of its CEO.

The Reserve Bank of India had granted the payments bank an “in‑principle” approval in December last year to convert into a small finance bank, a move that would allow Fino to accept larger deposits, offer loans and credit facilities.

Fino said on March 2 that its managing director and CEO Rishi Gupta was arrested under the country's goods and services tax law in an investigation involving the lender's business partners. The bank has said the arrest was not linked to its own GST compliance.

Chief Financial Officer Ketan Merchant is overseeing operations in Gupta’s absence.

The lender said on Wednesday that it was not associated with shell entities, had not bypassed know-your-customer norms, and had not onboarded any merchant or programme manager registered outside India.

Fino said that it does not foresee any financial liability from the matter and its operations remain normal as it works to complete the transition to a small finance bank.

(Reporting by Yagnoseni Das in Bengaluru; Editing by Rashmi Aich and Mrigank Dhaniwala)

((Yagnoseni.Das@thomsonreuters.com;))

** Fino Payments Bank FINY.NS falls as much as 14.14% to a record low of 165 rupees, before paring losses to trade 1.34% lower

** Lender says its MD & CEO was arrested in relation to a tax investigation pertaining to program managers who have relationship with multiple banks including Fino

** Clarifies the investigation is not on tax compliance of the bank itself

** Says bank, CEO "have nothing to do with the actions of the programme managers"

** Business ops to continue uninterrupted; no impact on bank's services - co

** Over 3.2 mln shares traded, over 10x the 30-day avg

** Stock down 27.6% YTD

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

Feb 27 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• ARREST MADE OF MD & CEO RISHI GUPTA OF FINO PAYMENTS BANK

• CFO KETAN MERCHANT APPOINTED HEAD OF ORGANIZATION

• PRESENTLY THERE IS NO IMPACT ON BANK

• INVESTIGATION RELATING TO BUSINESS PARTNERS OF BANK, NOT RELATING TO TAX COMPLIANCE

Source text: ID:nNSE6W83l3

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;;))

Jan 28 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• FINO PAYMENTS BANK LTD - RBI APPROVES RE-APPOINTMENT OF RISHI GUPTA AS MD & CEO

Source text: ID:nNSE2TGpTN

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

Jan 24 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• KPMG INVESTIGATION ON MISAPPROPRIATION OF FUNDS SHOW UNAUTHORIZED ACTIONS BY STAFF

• IDENTIFIED EMPLOYEES TERMINATED ON OCTOBER 27, 2023

• BASIS KPMG REPORT TOTAL ALLEGED COMPLAINT AMOUNT IS 355.5 MILLION RUPEES

• TOOK DISCIPLINARY ACTIONS AGAINST IDENTIFIED EMPLOYEES, FILED POLICE COMPLAINTS

• TERMINATED AGREEMENTS WITH SOME MERCHANTS IN BREACH OF BANK’S PRESCRIBED PROCESS

Source text: ID:nBSE3fqS0P

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;;))

April 25 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• FINO PAYMENTS BANK LTD - TAX PENALTY OF 1.6 MILLION RUPEES HAS BEEN IMPOSED ON CO

• FINO PAYMENTS BANK LTD - GETS TAX ORDER WITH FINANCIAL IMPACT OF 3.1 MILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Fino Payments Bank FINY.NS rise as much as 6.9% to 310.80 rupees, highest since Nov. 2

** FINY has applied for a small finance bank (SFB) licence, India's cenbank RBI said on Monday

** Payment banks can accept deposits but are not allowed to lend, while SFBs are allowed to do both

** FINO's board had approved the proposal for applying for the SFB licence in late July

** More than 718,000 shares traded by 1:02 p.m. IST, 3.5x of 30-day avg

** More than 700,000 shares traded in a single session six times in 2023

** Stock rose 3.1% in 2023 after losing 31.8% in 2022

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))

** Shares of digital financial services provider Fino Payments FINY.NS fall as much as 7.5% to 305.5 rupees, their lowest since July 23

** Stock logs steepest intraday pct decline since Nov 15, 2022

** Fino Payments on Wednesday said it received complaints from clients regarding potentially fake schemes allegedly floated by co's employees

** Co adds independent investigation conducted by KPMG indicates that there were unauthorized actions and misrepresentation by the alleged staffs

** Says there is no liability or impact on it and co has neither benefitted nor at loss due to these incidents

** Over 121,000 shares change hands, 0.7x the 30-day moving average

** Stock gains 23.6%, YTD

(Reporting by Varun Vyas in Bengaluru)

((varunvyas.hebbalalu@thomsonreuters.com))

Sept 20 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• RECEIVED COMPLAINTS FROM ONE OF ITS CLIENT IN MUMBAI AND SOME OF ITS MERCHANTS

• COMPLAINTS FOR NON-RECEIPT / REPAYMENT OF FUNDS INVESTED IN POTENTIAL FICTITIOUS SCHEMES ALLEGEDLY FLOATED BY SOME EMPLOYEES OF BANK

• HAD APPOINTED KPMG TO CONDUCT A DETAILED INDEPENDENT INVESTIGATION OF INCIDENT

• INVESTIGATION SO FAR PRIMA-FACIE INDICATES UNAUTHORIZED ACTIONS AND MISREPRESENTATION BY ALLEGED STAFFS

• BANK IS OF VIEW THAT THERE IS NO LIABILITY/IMPACT ON IT

Source text for Eikon: ID:nNSE8m9sY9

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Fino Payments Bank Ltd FINY.NS rise as much as 7.5% to 367.8 rupees, highest since mid-Feb 2022

** Digital financial services firm on Friday said June-qtr net profit rose 85%, aided by a 76% surge in interest earned

** Co's board approves proposal for FINY to transition into a small finance bank (SFB) from a payments bank

** Stock trading above its 50-, 100-, and 200-day moving averages since June 19, in bullish run

** Relative strength index (RSI) above 70, indicating stock is overbought

** Trading volume at ~2 mln shares, 4.6x the 30-day avg of ~440,600 shares as of 11:40 a.m. IST

** Stock last up 36.3% YTD

(Reporting by Biplob Kumar Das in Bengaluru)

((Biplobkumar.das@thomsonreuters.com))

July 28 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• FINO PAYMENTS BANK LTD- APPROVED PROPOSAL FOR TRANSITION OF BANK INTO A SMALL FINANCE BANK

Source text for Eikon: ID:nBSE3XcW9t

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

June 20 (Reuters) - Fino Payments Bank Ltd FINY.NS:

• RAKESH BHARTIA HAS WITHDRAWN HIS NOMINATION AS PART-TIME CHAIRMAN

Source text for Eikon: ID:nNSE6Tcz8V

Further company coverage: FINY.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Fino Payments Bank Ltd FINY.NS rise as much as 6.8% to 232.40 rupees

** Digital financial services provider reported a 25.3% rise in March-qtr profit to 220.8 mln rupees ($2.70 mln)

** Interest earned more than doubled to 294 mln rupees

** Co says it opened 23.7% more new bank accounts in the quarter and total deposits grew 66% Y/Y

** More than 327,000 shares traded as of 9:56 a.m. IST, 3.1x their 30-day moving avg

** FINY down 11.3% YTD

($1 = 81.7880 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))