Posted inBusiness
Fino Bank’s clarification on CEO’s arrest: GST evasion case involving partner company; shares closed flat after 15% decline
Regarding the arrest of Fino Payments Bank MD Rishi Gupta, the bank stated that the matter is not related to the bank's operations or tax compliance. It is part of an ongoing investigation against external partner companies. GST Intelligence arrested Rishi Gupta on February 27th. This is the largest action against tax evasion in the country since the ban on…









