Equitas Small Finance Bank Limited has informed the Exchanges regarding the change in Senior Management Personnel of the Bank
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Equitas Small Finance Bank has announced the appointment of Mr. Mukund Barsagade as President-Finance, designated as Senior Management Personnel, effective May 25, 2026. Barsagade brings over 30 years of finance and strategy experience, holding Chartered Accountant (1994) and B.Com from Nagpur University credentials, plus a Diploma in IFRS from ACCA, UK. He previously served as CFO at Utkarsh Small Finance Bank, FINO Payments Bank, Paytm Payments Bank, and as Group CFO at Lendingkart. His expertise covers financial management, regulatory compliance, fundraising, and investor relations.
The appointment of an experienced finance professional with prior Small Finance Bank experience could be seen positively for the bank's financial operations and compliance framework. This is a routine senior management appointment with no immediate material impact on shareholders.