Equitas SFB MD and CEO PN Vasudevan Resigns

PN Vasudevan has resigned as the managing director and chief executive officer of Equitas Small Finance Bank. He cited a conflict overhang that is allegedly hurting the bank's stock performance as the primary reason for his departure. The board has requested him to continue in his role until a suitable successor is successfully found. This leadership change comes at a crucial time for the institution as it navigates market challenges.