P N Vasudevan to continue as Equitas Small Finance Bank MD, CEO

In May, Vasudevan had said that he wished to move on from the bank in order to work for his trust

After announcing earlier this year that he would step down from his post, P.N. Vasudevan, founder of Equitas said on Friday that he decided to continue as managing director and chief executive officer of Equitas Small Finance Bank.

“Equitas Small Finance Bank is happy to announce that Mr PN Vasudevan in response to the suggestions of the Board has decided to stay on as MD and CEO of the Bank,” the lender informed exchanges.

“The Board believes that continuity of management and his leadership would help the Bank sustain its growth in a stable, scalable and inclusive manner. Accordingly the