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RBI Approves Pratap Singh as MD and CEO of Fino Payments Bank

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RBI Approves Pratap Singh as MD and CEO of Fino Payments Bank

Analysed 13 Nov 2026·5 sources analysed·New Delhi, India·Business
RBI Approves Pratap Singh as MD and CEO of Fino Payments BankNext

Fino Payments Bank has received in-principle approval from the Reserve Bank of India to appoint Pratap Singh as its managing director and CEO for a three-year term starting November 27, 2026, or earlier. The appointment requires shareholder approval. Singh brings over 29 years of banking experience in India and the UK. He succeeds interim CEO Ketan Merchant, who took over after former MD and CEO Rishi Gupta resigned following his arrest in a GST-related investigation involving the bank's business partners. Fino is also planning to convert into a small finance bank by December 2025.

Sentiment
53%
TBN's observations

First-hand measurement across 5 sources

We measured how 5 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (53/100). Lens Score 47/100.

Outlets measured: economictimes, businessstandard, news18, moneycontrol, moneycontrol. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 5 sources · Published under editorial oversight by The Balanced News
Analysed 13 Nov 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (53/100)

Sentiment was consistent across outlets (50–55/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

moneycontrol broke this story on 13 Nov, 07:43 am. Other outlets followed.

13 Nov, 07:43 am5 sources · 26 min13 Nov, 08:09 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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  1. 1
    moneycontrol13 Nov, 07:43 am
    Fino Payments Bank appoints Pratap Singh as new MD and CEO after RBI nod
  2. 2
    moneycontrol13 Nov, 07:46 am
    Fino Payments Bank appoints Pratap Singh as new MD and CEO after RBI nod- Moneycontrol.com
  3. 3
    news1813 Nov, 07:47 am
    RBI approves appointment of Pratap Singh as MD CEO of Fino Payments Bank
  4. 4
    businessstandard13 Nov, 07:49 am
    RBI approves appointment of Pratap Singh as MD CEO of Fino Payments Bank
  5. 5
    economictimes13 Nov, 08:09 am
    RBI approves Pratap Singh's appointment as Fino Payments Bank MD CEO

Accountability flags

TBN's analysis identified the following accountability dimensions in this story.

  • financial irregularity

    This story involves alleged financial misconduct — unexplained transactions, procurement irregularities, or misuse of public/shareholder funds.

Who's involved

Institutions and figures named across source coverage.

Government
Reserve Bank of IndiaDirectorate General of GST IntelligenceDirectorate General of Goods and Services Tax Intelligence
Corporate
Fino Payments BankICICI BankState Bank of India
Enforcement
Directorate General of GST Intelligence

Story context

Category
Business
Location
New Delhi, India
Sources analysed
5
Last analysed
13 Nov 2026
Key entities
Chief executive officerReserve Bank of IndiaUnited KingdomGoods and Services Tax (India)ShareholderBankChief financial officerSmall and medium-sized enterprisesRetailDirectorate General of GST IntelligenceShell corporationBusiness model