Equitas appoints Balaji Nuthalapadi interim CEO, subject to RBI nod
RBI is in focus in a governance development.
· BS Companies
The appointment is subject to RBI approval and follows the resignation of P N Vasudevan, while the bank has also begun the process of identifying a permanent…
The analysis
Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.