Equitas SFB Appoints Balaji Nuthalapadi as Interim CEO

Equitas Small Finance Bank Limited announced the appointment of Mr. Balaji Nuthalapadi as Interim Chief Executive Officer (CEO), subject to Reserve Bank of India (RBI) approval. Mr. Nuthalapadi, currently a Whole-Time Director, has been instrumental in enhancing digital capabilities and operational efficiency. The appointment follows the resignation of Mr. P. N. Vasudevan. The bank's board has initiated the process to identify a successor to Mr. Vasudevan and assured stakeholders of a smooth transition. Equitas Small Finance Bank remains committed to its strategic priorities and delivering inclusive banking services.