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Why Fino Payments Bank shares crash 20% today?
short by / on Monday, 16 March, 2026
Fino Payments Bank Limited fell nearly 20% after reports suggested a widening probe into alleged GST evasion linked to online betting apps. The investigation involves transactions worth about ₹10,000 crore. The bank clarified that it is only under investigation by the DGGI and that the probe concerns certain merchants and programme managers, not the bank’s GST compliance.
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