Equitas Small Finance Bank

Key details

• Parent: assets

Overview

Equitas Small Finance Bank is Indian small finance commercial bank + NSE: EQUITASBNK BSE: 543243 + Indian retail + institutional + foreign investors free float + one of India's largest small finance commercial banks by assets + founded Sep 5 2016 in Chennai Tamil Nadu India as Equitas Small Finance Bank consolidated from Equitas Holdings NBFC-MFI under RBI Small Finance Bank framework + 2023 Equitas Small Finance Bank + Equitas Holdings reverse merger ^{1, India report}.

History

2007 — Equitas Holdings founded in Chennai Tamil Nadu India as Indian NBFC-MFI Non-Banking Financial Company Microfinance Institution.

Sep 5 2016 — Equitas Small Finance Bank commercial banking license under RBI Small Finance Bank framework consolidating Equitas Holdings NBFC-MFI distinctive Indian small finance banking heritage.

2023 — Equitas Small Finance Bank + Equitas Holdings reverse merger consolidating Equitas Holdings holding company into Equitas SFB.

Ownership & operator

Operating entity: Equitas Small Finance Bank Limited (Indian small finance commercial bank; NSE: EQUITASBNK; BSE: 543243).

Major shareholders: Indian retail + institutional + foreign investors free float.

Regulators: Reserve Bank of India RBI.

Technical integration

Equitas Mobile app (iOS + Android) + equitasbank.com online + Equitas Small Finance Bank branch network across India + Equitas Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian small finance + commercial banking + payments competitors: AU Small Finance Bank (AU Small Finance Bank; India's largest small finance bank by assets) + Ujjivan Small Finance Bank (Ujjivan Small Finance Bank) + Suryoday Small Finance Bank (Suryoday Small Finance Bank) + ESAF Small Finance Bank (ESAF Small Finance Bank) + Utkarsh Small Finance Bank (Utkarsh Small Finance Bank) + Bandhan Bank / mBandhan (Bandhan Bank; Indian universal commercial bank) + UPI QR (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI.

Status

Active, Indian small finance commercial bank + NSE:EQUITASBNK BSE:543243 + Indian retail + institutional + foreign investors free float + one of India's largest small finance commercial banks by assets + founded Sep 5 2016 in Chennai Tamil Nadu India as Equitas Small Finance Bank consolidated from Equitas Holdings NBFC-MFI under RBI Small Finance Bank framework + 2023 reverse merger ^{1, 2}.

Sources

• 1 Equitas SFB — official
• 2 Equitas SFB — Wikipedia
• ^{India report} In-corpus: reports/countries/IN-india.md

Source

Biography extracted from equitas-small-finance.md. See matrix.md for standards-support matrix if present.