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EQUITASBNK

NSE
64 INR
0.36
0.57%
Last update May 13, 3:29 PM IST
Market closed
Day range
62.94000
64.85000
Previous close
63.64000
Open
63.54000
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Equitas Small Finance Bank Limited
64.00
0.36
0.57%

Overview

Description

Equitas Small Finance Bank Limited is a prominent player among India's small finance banks. The primary goal of the bank is to offer financial services to underserved and unbanked sectors of society, focusing on promoting economic inclusion. It provides a broad spectrum of financial products, including savings accounts, fixed deposits, micro-loans, and small business loans, catering specifically to micro-entrepreneurs and small and medium enterprises. Additionally, Equitas offers wealth management services, insurance products, and payment solutions. Having been established under the guidelines set by the Reserve Bank of India (RBI), Equitas plays a vital role in India's financial ecosystem, especially by bridging the financial services gap in rural and semi-urban areas. The bank's outreach impacts a variety of sectors including agriculture, retail, and housing, thereby contributing significantly to regional economic empowerment. In the financial markets, Equitas is acknowledged for its focused approach towards financial inclusion, technology-driven solutions, and robust growth strategies, which enhance liquidity and provide diversified funding sources. As a key institution, it supports economic resilience and upliftment of communities, promoting sustainable development within the Indian financial landscape.

About

CEO
Mr. Pathangi Narasimhan Vasudevan
Employees
22854
Address
Spencer Plaza
Phase II, 4th Floor No.769, Mount Road Anna Salai
Chennai, 600002
Phone
91 44 4299 5000
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
India
MIC code
XNSE
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