Management Change6 Nov 2026, 07:44 pm
Equitas SFB: Balaji Nuthalapadi Appointed Interim MD & CEO
AI Summary
Equitas Small Finance Bank Limited announced that the Reserve Bank of India has approved the appointment of Mr. Balaji Nuthalapadi as the interim Managing Director & Chief Executive Officer. He will serve for a period of three months, effective November 06, 2026, or until a regular MD & CEO is appointed. This follows the resignation of Mr. P. N. Vasudevan, whose contributions were acknowledged by the Board. The trading window for designated persons will be closed on November 07-08, 2026.
Key Highlights
- RBI approves Balaji Nuthalapadi as interim MD & CEO.
- Appointment is for a three-month period.
- P. N. Vasudevan resigns as MD & CEO.
- Board appreciates Vasudevan's contributions.
- Trading window closed for designated persons.
Price Impact
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