Ujjivan Small Finance Bank reports small rise in net profit for quarter ended December 2023 over year-ago period while deposit and loan growth remains strong.
Fino Payments Bank has a net worth of Rs 600 crore, much higher than the minimum capital requirement of Rs 200 crore for SFBs.
ESAF Small Finance Bank allocates 2,25,24,998 equity shares at Rs 60 per share to 11 anchor investors; this is at upper end of IPO price band.
ESAF Small Finance Bank will soon refile its IPO document but cut size of float by half to Rs 500 crore in face of volatile market conditions, CEO K Paul Thomas told Indianbankingnews.com.
ESAF Small Finance Bank’s net profit for the quarter ended March 2023 stood at Rs 101.38 crore versus Rs 37.41 crore in the preceding quarter.
RBI grants approval to DSP Investment Managers to acquire up to 9.99% stake in Equitas Small Finance Bank.
Ujjivan Small Finance Bank launches QIP with floor price of Rs 21.93 per share to meet regulatory requirement ahead of merger with parent company.
AU Small Finance Bank has posted 13% decline in net profit to Rs 279 crore for the fiscal second quarter ended September amid rise in bad loans.
Equitas Small Finance Bank posted a 60% YoY fall in net profit to Rs 41.2 crore in Q2 of FY22, led by higher provisioning against restructured accounts.
Centrum-BharatPe get small bank finance licence and set to acquire PMC Bank; former SBI chief Rajnish Kumar is joining BharatPe board as chairman.
Ujjivan Financial Services, the parent of Ujjivan Small Finance Bank, has appointed its company secretary Sanjeev Barnwal as the CEO.
Google Pay users can open fixed deposits without having to open a bank account; they will enjoy interest rates offered by Equitas Small Finance Bank.
Preliminary analysis reveals small finance banks to be leading in serving priority sector, a study by Nitin Kumar and Sarita Sharma reveals.
Equitas Small Finance Bank has been allowed by RBI to apply for amalgamation of the promoter entity into itself.
Ahead of IPO, Suryoday Small Finance Bank has raised Rs 170 cr from 13 anchor investors at Rs 305 per equity share.
