Equitas Small Finance Bank CEO PN Vasudevan plans to exit perceived conflict involving NBFC daughter PN Vasudevan's recent announcement of his resignation as managing director of Equitas Small Finance Bank underlines growing concerns over conflict of interest in his daughter's NBFC. After the news, the bank's shares experienced a drastic dip and still managed to partially recover before settling lower. This follows the bank's impressive Q2 net profit growth, which shows its strong operational health.