PN Vasudevan is the Promoter & Managing Director of Equitas, a Chennai-based new age Microfinance organization. In a retail finance career spanning over 20 years, Vasu rose up the ranks at Cholamandalam Investment & Finance Co. Ltd. and last served as the Executive Vice President & Business Head at Development Credit Bank, Mumbai.
Under Vasu direction, Equitas has built a reputation of a professional, efficient & transparent MFI. Equitas is widely know in the industry for its innovations including a centralized back office, pre-printed collection, stickers & real time collection monitoring. To quote CGAP post on its website, Equitas is one example of how good MIS is essential to well manage microfianance. Equitas is also involved in a wide range of social interventions including vocational training and medical camps that has covered over 100 thousand members.