What the outlet published · Sentence 2
“The regulator has also asked the board members if they were adequately appraised about this when Vasudevan sought a three-year extension as MD & CEO of the bank, earlier this year.”
What the documents say
«The MD & CEO has consistently disclosed the investment made by his daughter in Unico to the Board, both in his annual disclosures as well as at the time of his re-appointment. Further, the said investment has also been disclosed to RBI at the time of submitting the proposals for re-appointment.» — Equitas Small Finance Bank, comunicación a la bolsa, 18 de agosto de 2026.
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