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Equitas Small Finance Bank Founder CEO Vasudevan Resigns Amid Governance Overhang


29 October 2026
Equitas Small Finance Bank Ltd.

MD & CEO P.N. Vasudevan resigned to pursue social initiatives and remove perceived conflict overhang around daughter's NBFC, continuing till RBI-approved successor joins; board tasked NRC for search; letter reiterated 5-year 20%+ CAGR to Rs1.2-lakh-crore advances/deposits at 1.5% RoA. Context: addresses open governance overhang question.


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