Kochi (Kerala) [India], May 30 (ANI): Kerala-based ESAF Small Finance Bank has recorded 111 per cent increase in its net profit for the year ended March 31 (FY20) to Rs 190 crore from Rs 90 crore in FY19.
Bhopal (Madhya Pradesh) [India] March 12 (ANI/PRNewswire): Jana Small Finance Bank has achieved a milestone in branch banking with the opening of its 300th branch today in Hoshangabad, Madhya Pradesh.
Mumbai (Maharashtra) [India], Dec 13 (ANI): Small finance banks (SFBs) will continue to see increased traction in deposits on the back of higher interest rates (1 to 2 per cent higher than most banks), focussed marketing strategies and maturing branches of a fast-growing branch network (40 p
New Delhi [India], Nov 27 (ANI): Ujjivan Small Finance Bank Ltd (USFB) on Wednesday announced the launch of its initial public offering in a bid to raise Rs 750 crore post its pre-IPO placement of 71,428,570 equity shares for cash consideration aggregating to Rs 250 crore.
New Delhi [India], Sept 26 (ANI): After meeting top management of private sectors banks, NBFCs, microfinance institutions (MFIs) and small finance banks, Finance Minister Nirmala Sitharaman on Thursday said that she had not heard of any liquidity problem from them.
Jaipur (Rajasthan) [India], July 26 (ANI): AU Small Finance Bank has announced that its net profit for the first quarter of 2019-20 rose by 148 per cent and stood at Rs 190 crore as against Rs 77 crore in the same period of previous fiscal.
Bengaluru (Karnataka) [India], March 6 (ANI): AU Small Finance Bank Ltd. , a Fortune India 500 company and one of India’s fastest growing banks, today announced its partnership with a new age insurtech company, Acko General Insurance Limited. Partnering with Acko, India's first digital insu
New Delhi [India], July 25 (NewsVoir): In an event graced by Brand Ambassador Grand Master Viswanathan Anand, Fincare Small Finance Bank celebrated its first anniversary and announced its entry into Mumbai.
New Delhi [India], Mar 6 (ANI): AU Small Finance Bank, a Fortune 500 company, is now going to enhance its digital banking services especially for SME and MSMEs.
New Delhi [India], Jan 27 (ANI): A total of 11 payment banks and 10 small finance banks were granted license from the Reserve Bank of India (RBI) to start banking operations in India, in a move to help expand the outreach of Atal Pension Yojana (APY), the government's pension scheme.
New Delhi [India], Dec 19 (ANI): AU Small Finance Bank has announced signing an MoU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model.
New Delhi [India], Nov 9 (ANI): Ujjivan Small Finance Bank on Thursday announced to go live with CRMNEXT, the world's largest financial Customer Relationship Management (CRM) solution.