Equitas Small Finance Bank Limited (EQUITASBNK)
₹66.94
INRAbout Equitas Small Finance Bank Limited
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.