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Equitas MD quits citing overhang from daughter's business, shares crash

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Summary

Vasudevan said his daughter being the co-promoter of an NBFC was disclosed to Equitas SFB's board and the Reserve Bank of India, and despite there being no conflict of interest, the perception has persisted.

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    Equitas MD quits citing overhang from daughter's business, shares crash

    Vasudevan said his daughter being the co-promoter of an NBFC was disclosed to Equitas SFB's board and the Reserve Bank of India, and despite there being no conflict of interest, the perception has persisted.