PN Vasudevan

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Banking, Fintech & Insurance 01 Nov 2026, 05:00 PM IST

Equitas Small Finance Bank Chief PN Vasudevan Plans Exit Amid Conflict Concerns Over Daughter’s NBFC

Equitas Small Finance Bank managing director PN Vasudevan has announced plans to step down, citing a perceived conflict of interest linked to his daughter’s non-banking finance company. The development triggered a sharp intraday fall in the bank’s shares before a partial recovery, even as the lender continues to show strong operating momentum after a robust second-quarter profit performance.

By RDU Global Wire5 min read

Banking, Fintech & Insurance12 Oct 2026, 02:01 PM IST

Micro and Trading MSMEs Need Targeted Support, Says Equitas Small Finance Bank MD

Micro and trading MSMEs require more targeted policy support, including possible interest subsidies on loans, Equitas Small Finance Bank Managing Director and Chief Executive Officer Vasudevan said. His remarks underscore the continued strain on the smallest businesses, which often face higher borrowing costs, thinner margins and limited access to formal credit despite their importance to employment and local commerce.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside PN Vasudevan:

non-banking finance company(1)New Delhi(1)Equitas Small Finance Bank(1)