Rishi Gupta, Managing Director and CEO of Fino Payments Bank, has been arrested. The bank gave this information in the information given to the exchange on Friday. The bank said that the MD-CEO has been arrested under CGST and SGST laws. However, Fino Payments Bank clarified that the investigation pertains to one of its business partners and has no connection with the bank’s own GST compliance process.
Fino Payments Bank: Fino Bank CEO Rishi Gupta arrested, what is the whole matter? – market

