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.
Equitas Small Finance Bank has been allowed by RBI to apply for amalgamation of the promoter entity into itself.
