1. Fino Payments Bank Under Siege: CEO Arrest Meets Regulatory Headwinds as Profit Craters 43%
Fino Payments Bank is navigating a severe profitability crisis following the February arrest of CEO Rishi Gupta, with net profit collapsing 43% year-on-year to ₹52.5 Cr in FY26—a trajectory that intensified scrutiny on the institution's governance and business model. The Q4 FY26 numbers proved particularly damning, wit...