Fino Payments Bank Gets RBI Approval for Pratap Singh as MD & CEO

Written by: Team Angel OneUpdated on: 13 Nov 2026, 10:33 pm IST

Fino Payments Bank has received RBI approval for Pratap Singh to take over as its managing director and chief executive officer for three years.

Fino Payments Bank has received approv Fino Payments Bank has received RBI approval for Pratap Singh to take over as its managing director and chief executive officer for three years. al from the Reserve Bank of India (RBI) for Pratap Singh's appointment as Managing Director and Chief Executive Officer (MD & CEO) for three years. The bank informed the stock exchanges in a filing dated November 13, 2026.

The RBI issued its approval in a letter dated November 12, 2026. Singh's tenure will begin on November 27, 2026, or the date he takes charge, whichever is earlier.

Appointment Requires Shareholder Approval

The appointment is subject to shareholder approval. The bank's Board of Directors will take the steps required to complete the process. Fino Payments Bank said it would inform the stock exchanges once Singh formally takes charge.

The filing stated that Singh is not related to any of the bank's directors or Key Managerial Personnel.

Pratap Singh's Banking Experience

Singh has more than 29 years of banking experience across India and the UK. His work has covered retail banking, SME banking, liabilities, digital transformation, branch-led profitability and operating model redesign.

He has worked with ICICI Bank India, ICICI Bank UK and SBI UK. His experience includes managing retail and SME banking operations and developing mid-sized banking businesses.

Role at ICICI Bank UK

At ICICI Bank UK, Singh served as Head of Retail & SME Banking for the UK and Europe. He led the shift from a corporate-led bank to a more diversified retail and SME banking platform.

The business covered current accounts, remittances, commercial real estate lending, corridor banking and digital channels. Earlier, Singh led large retail and SME zones for ICICI Bank in India.

Educational Qualifications

Singh holds an MBA in Marketing from the Maastricht School of Management and a Bachelor of Science in Botany from Delhi University.

His experience also includes liability franchise building, branch productivity, turnaround execution and digital transformation. The bank will make a further disclosure after he takes charge, following completion of the required approval process.

As of November 13, 2026, 3:30 pm, Fino Payments Bank share price closed at ₹130.16, up 2.05% from the previous closing price.

Conclusion

The bank's Board will complete the appointment process following RBI's approval. Fino Payments Bank will notify the stock exchanges once Singh takes charge.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 13, 2026, 5:03 PM IST

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