PN Vasudevan has stepped down as the CEO of Equitas Small Finance Bank. The news of his departure led to a significant decline in the bank’s shares, with a 10% tumble. The exact reason for his resignation is not specified in the available evidence. The article from Zee Business reports on the development but does not provide further details on the circumstances surrounding his departure. It is worth noting that the evidence does not provide information on who will be taking over as the CEO of Equitas Small Finance Bank following PN Vasudevan’s resignation. The article solely focuses on the immediate impact of the news on the bank’s shares.