Fino Payments Bank appoints Paresh Gupta as Head MSME
- Paresh Gupta appointed as Head – MSME at Fino Payments Bank
- Effective date of appointment is September 29, 2026
- Gupta brings over 20 years of experience in MSME financing
- Previously served as Regional Business Head at YES Bank
*this image is generated using AI for illustrative purposes only.
Fino Payments Bank appointed Paresh Gupta as Head – MSME on September 29, 2026. He joins the senior management team to strengthen the bank's focus on the micro and small enterprise segment.
The appointment follows the recommendation of the Nomination and Remuneration Committee and approval by the Board of Directors. Gupta will serve in a full-time capacity, bringing extensive experience from previous roles at major Indian banks.
Professional background
Gupta holds over 20 years of experience across Business & Product Development, Risk Management, and MSME Financing. His educational qualifications include a B.Com (Hons.) and M.Com (ABST) from MDS University, Ajmer, and an MBA in Finance from ICFAI Business School.
His career includes significant stints at YES Bank, ICICI Bank, and HDFC Bank. Most recently, he served at YES Bank since October 2011. In his final role there, he was Regional Business Head – Micro Enterprise Banking (MEB), managing multi-state operations across Gujarat, Rajasthan, Madhya Pradesh, and Chhattisgarh.
Strategic relevance
The bank highlighted that Gupta possesses strong experience in setting up and stabilising business in the Micro & Small segments within large banks. His expertise in dealing with small traders within SMEs aligns with Fino Payments Bank's Small Finance Bank strategy and its long-term objective of building the MSME vertical.
Disclosure details
The appointment was disclosed pursuant to Regulation 30 of the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 (updated January 30, 2026). The disclosure is available on the bank's website.
| Particular | Detail |
|---|---|
| Name | Paresh Gupta |
| Designation | Head – MSME |
| Effective Date | September 29, 2026 |
| Previous Employer | YES Bank |
| Last Role | Regional Business Head – Micro Enterprise Banking |
Historical Stock Returns for Fino Payments Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.57% | -4.15% | -8.72% | +1.67% | -50.57% | -76.24% |
How will Gupta's specific experience in Gujarat and Rajasthan influence Fino's geographic expansion strategy for its MSME portfolio?
What impact might this leadership change have on Fino Payments Bank's non-interest income growth from MSME lending over the next fiscal year?
Will Gupta's arrival trigger a broader hiring wave of mid-level managers from YES Bank or other major lenders to support the new vertical?
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