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Small finance banks (SFB) are a type of niche banks in India.Banks with a SFB license can provide basic banking service of acceptance of deposits and lending.The aim behind these is to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
Website. www .ujjivansfb .in. Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. [3] [4] Ujjivan Financial Services holds an 80 percent stake in the bank. [5] Ujjivan Small Finance Bank is licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry ...
Shivalik Small Finance Bank 2021 Saharanpur, Uttar Pradesh: 46 Suryoday Small Finance Bank: 2017 Navi Mumbai, Maharashtra: 477 Ujjivan Small Finance Bank: 2017 Bangalore, Karnataka: 732 ₹ 33,316 crore (US$4.0 billion) ₹ 4,754 crore (US$570 million) Unity Small Finance Bank 2021 Mumbai, Maharashtra Utkarsh Small Finance Bank 2018
Having started its operations as an NGO in 1992 under the name of Evangelical Social Action Forum, ESAF Microfinance was a non-banking finance company and microfinance institution (NBFC-MFI), licensed by the Reserve Bank of India (RBI). It became a small finance bank in March 2017 and started operating in January 2018.
AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It was founded as vehicle finance company and NBFC , AU Financiers (India) Ltd in 1996 and converted into a full-fledged small finance bank on 19 April 2017.
Services. Banking, financial services. Revenue. ₹3,641 crore (US$440 million) [1] (FY 2021) Net income. ₹384 crore (US$46 million) [1] (FY 2021) Website. www .equitasbank .com. Equitas Small Finance Bank (erstwhile Equitas Microfinance Ltd) is a small finance bank founded in 2016 as a microfinance lender.
Ajay Kanwal (CEO) [1] Services. Banking, financial services. Website. www .janabank .com. Jana Small Finance Bank is a small finance bank that commenced operations on March 28, 2018, headquartered in Bangalore, India. [2]
Capital Small Finance Bank (formerly Capital Local Area Bank) is an Indian first small finance bank founded in April 2016, with its headquarters in Jalandhar, India. History. Founded in 2000, Capital Local Area Bank was primarily operational in some districts of Punjab including Jalandhar, Kapurthala and Hoshiarpur until 2013