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Equitas Small Finance Bank Shares Crash 17% To 52-Week Low, Stock Plunges Over 27% In Two Days After CEO Resignation

Equitas Small Finance Bank Shares Crash 17% To 52-Week Low, Stock Plunges Over 27% In Two Days After CEO Resignation
Photo: Free Press Journal · view original

Mumbai: Equitas Small Finance Bank shares plunged more than 17% on Friday, extending their sharp decline for the second consecutive session following Managing Director and CEO P N Vasudevan's resignation announcement amid concerns over a perceived conflict of interest. The steep fall pushed the s...

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