RBI lifts restriction imposed on Equitas Small Finance Bank

Equitas Small Finance Bank announced that subsequent to the Listing of Equity shares of the bank, RBI Vide its letter dated 09 November 2020 has acceded to the company's request and hereby lifted the following regulatory restrictions imposed on 06 September 2019.

(1) Restriction to open new branches.
(2) Freezing the remuneration of MD & CEO at the then existing level.

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