Equitas Small Finance Bank Limited — Board Meeting, 28-03-2025: Outcome of Board Meeting

The Board has approved the appointment of Mr. Balaji Nuthalapadi as a Whole-time Director (Executive Director) for a three-year term starting March 29, 2025, pending shareholder approval. Mr. Nuthalapadi brings over 28 years of experience, primarily with Citi, where he held various roles in South Asia Operations & Technology. His expertise includes significant financial oversight and operations management. This strategic appointment reinforces the Bank's leadership as it continues to enhance its operational capabilities.