BusinessPhoto: News18Hi BusinessEquitas SFB Shares Fall 32%, CEO PN Vasudevan Refuses Resignation
Equitas Small Finance Bank's shares dropped 32% over two days. Despite this, CEO PN Vasudevan refused to withdraw his resignation. He stated there is no real conflict of interest regarding his daughter's NBFC company, though such perceptions exist. The situation involves the CEO's resignation reasons, the bank's financial status, and the significant share decline.
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