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PN VASUDEVAN
Equitas Bank loses 28% of market value after founder-MD PN Vasudevan announces plan to step downVasudevan’s current term will come to an end in July this year and the board has decided to seek a one-year extension for him—instead of se...26 May, 2022, 05.04 PM IST- Equitas SFB Managing Director & CEO PN Vasudevan to step down"I request the board to look for a successor to my current position. I would be happy to be of help in identifying my successor, who, I am ...20 May, 2022, 09.22 AM IST
- Equitas SFB aims for 45% CASA through fintech tie-ups: CEOChennai-based Equitas Small Finance Bank plans to improve its low-cost current and savings account (CASA) deposits to close to 45% of total...07 Sep, 2021, 06.37 AM IST
- Equitas Small Finance Bank Q4 results: Net profit jumps 2.6x to Rs 113 croreManaging director PN Vasudevan said that in the year ago period, net profit was low due to Rs 100 crore additional provision made to cover ...29 Apr, 2021, 10.08 PM IST
- Equitas Holdings' NIM stable, disbursements up quater-on-quarter: PN VasudevanThere was an increase in the vehicle finance credit cost in the second quarter.11 Nov, 2019, 11.35 AM IST
- Our asset quality remains good and we feel comfortable pursuing growth: PN Vasudevan, EquitasWe have been able to maintain a fairly good inflow of retail deposits. Says Equitas MD.05 Aug, 2019, 02.20 PM IST
- We have reported Rs 60-cr profit after a gap of 2 years: PN Vasudevan, Equitas Small FinanceWe do our NPA calculation on a daily basis and even under that, it reduced from Q2 to Q3.04 Feb, 2019, 03.46 PM IST
- We have brought microfinance portfolio down to 27%: PN Vasudevan, Equitas Small Finance BankWe had excess liquidity at end of Q1 and we were trying to use it in Q2, says Equitas Small Fin Bank MD.06 Nov, 2018, 11.32 AM IST
- Non-MFI book to support 50% of our growth this year: PN Vasudevan, Equitas Holdings“Next year onwards microfinance will start growing again but albeit at a smaller rate.”19 Dec, 2017, 01.04 PM IST
- 15% growth likely in overall AUM this year even as microfinance dips 30%: PN Vasudevan, EquitasOur deposits have come up quite strongly and crossed Rs 3000 crore mark in September27 Oct, 2017, 01.11 PM IST
- Equitas Small Finance Bank launches Selfe Fastags for toll payments“We have named the product Selfe Fastag, which will allow any bank customers to procure Fastags from our bank from the comfort of one’s hom...17 Jul, 2017, 03.51 PM IST
- Bank is ultimate evolution of an NBFC: PN Vasudevan, Founder, Equitas Small Finance BankEquitas Small Finance Bank's founder PN Vasudevan discusses how the company is evolving from a tiny lender to a bank.31 May, 2017, 12.42 AM IST
- We hope Equitas will be amongst the best banks, in terms CASA ratio: Vasudevan PN, Equitas Micro Finance"This year we think we will be able to grow at around 15% to 20%, even the microfinance will drop in terms of percentage contribution, the ...29 May, 2017, 01.11 PM IST
- Equitas to spend Rs 80 crore to open 412 branches“We plan to open these full-fledged bank branches in the next six to eight months while another 170 existing branches will continue as lend...06 Sep, 2016, 08.03 PM IST
- A contagion like 2010 is unlikely in microfinance companies now: PN Vasudevan, EquitasOur repeat ratios are actually the lowest in the industry, it is about 45% from the first cycle to the second cycle and further to 30% from...18 Aug, 2016, 11.07 AM IST
- PN Vasudevan, MD, Equitas: The model millionaireIn a world where everyone seeks a salary hike whatever the company’s performance, Vasu surprised his board with request for a pay cut.27 Apr, 2016, 03.07 PM IST
- Glad investors supporting companies focused on relevant social initiatives: PN Vasudevan, MD, Equitas HoldingsWe operate in segments or society which are largely un-served by the formal financial system and so there is always a large demand21 Apr, 2016, 01.32 PM IST
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