Ketan Merchant Gets Extension at Fino Payments Bank

The RBI approved a three-month extension for Ketan Merchant as interim CEO of Fino Payments Bank.

The RBI approved a three-month extension for Ketan Merchant as interim Chief Executive Officer of Fino Payments Bank. The extension became effective from May 27, 2026. Merchant is a banking professional with long experience in financial strategy and operations. The appointment is relevant for banking awareness because payments banks are part of India’s regulated financial inclusion architecture.