Equitas Small Finance Bank Ramps Up Tech Leadership with New Executive Director Appointment
Equitas Small Finance Bank, India’s second-largest small finance bank, has taken a significant step toward digital transformation by appointing Balaji Nuthalapadi as the Executive Director – Technology and Operations, effective 29 March 2025. This strategic move, approved by both the Reserve Bank of India (RBI) and the Bank’s Board, underscores Equitas’ commitment to a tech-led growth journey. With Balaji’s deep expertise in banking operations and digital innovation, the bank aims to reinforce its operational efficiency, drive financial inclusion, and accelerate its digital-first vision.
| Summary/Static | Details |
| Why in the news? | Equitas Small Finance Bank Ramps Up Tech Leadership with New Executive Director Appointment |
| Rank in India | Second-largest small finance bank |
| New Appointment | Balaji Nuthalapadi |
| Designation | Executive Director – Technology and Operations |
| Appointment | Effective Date 29 March 2025 |
| Approvals | RBI and Bank’s Board |
| Previous Role | MD & Head – Centralised Controls Testing, Citi Bank |
| Team Led at Citi | 1,100+ members in India |
| Past Role at Citi | MD & Head – Operations & Technology, Citi South Asia |
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