Explainer: What the Fino case says about digital payments oversight
- Posted on March 8, 2026
- By Financial Express
- 6 Views
Explainer: What the Fino case says about digital payments oversight
The arrest of Fino Payments Bank MD & CEO Rishi Gupta by the Directorate General of GST Intelligence (DGGI) has sent shockwaves through India’s fintech ecosystem. While the bank maintains that the probe concerns third-party "programme managers" allegedly linked to illicit funds from banned online gaming platforms.
