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  • Equitas Small Finance Bank Ltd
E
Equitas Small Finance Bank Ltd Banks
₹ 60.14 +0.57 (0.96%)
  • NSE
  • BSE

Overview

  • BSE Code 543243
  • NSE Symbol EQUITASBNK
  • ISIN Demat INE063P01018
  • Book Value (₹) 53.25
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 7,218.71
  • P/E (TTM) 49.07
  • EPS (TTM) 1.29
  • Div Yield (%) 0.00

Performance

Today’s Low 59.60
Today’s High 61.01

60.14
52W Low 52.52
52W High 86.90

60.14
Open 59.82
Prev. Close 59.57
Volume 41,09,178.00

Corporate Actions

Equitas Small Finance Bank Limited - Allotment of Securities
Apr 07, 2025

Equitas Small Finance Bank Limited has informed the Exchange regarding allotment of 317626 securities pursuant to ESOP

Equitas Small Finance Bank Limited - Alteration Of Capital and Fund Raising-XBRL
Apr 07, 2025

EQUITAS SMALL FINANCE BANK LIMITED has informed the Exchange regarding Allotment of Securities

About Equitas Small Finance Bank Ltd

Journey of Equitas Small Finance Bank

Equitas Small Finance Bank Limited, referred to as ESFBL, has a corporate history dating back to 1993 when it was initially incorporated as V.A.P Finance Private Limited. Later, in August 2011, the company changed to Equitas Finance Private Limited.  Subsequently 2011, Equitas Holdings Limited gained complete control of the company, leading to another name change to Equitas Finance Limited in September 2015, following its transition to a Public Limited Company. The transformation continued with a scheme of amalgamation, resulting in the merger of Equitas Micro Finance Limited and Equitas Housing Finance Limited with the company. Due to this amalgamation, the company assumed the new identity of Equitas Small Finance Bank Limited (ESFBL).  The transfer of microfinance and housing finance businesses from the erstwhile EMFL and EHFL to ESFBL became effective on September 2, 2016. ESFBL officially commenced its banking operations on September 5, 2016, subsequent to obtaining the final banking license from the Reserve Bank of India. The company was listed on the NSE and BSE on November 2, 2020, with an Initial Public Offer of ₹2,175 crore. 

Equitas Small Finance Bank Business Segments

Equitas Small Finance Bank operates through four primary business segments:
  1. Treasury:The treasury segment manages the bank's liquidity and funding requirements, ensuring it has the necessary funds to meet its obligations to its customers and counterparties. The segment also invests excess funds in low-risk, high-yield instruments to generate additional income for the bank.
  2. Retail Banking:The retail banking segment caters to individuals. It delivers various products and services, including savings and current accounts, loans, deposits, investments, and wealth management solutions. The segment core priorityes on providing its customers with personalised and convenient banking experiences.
  3. Corporate / Wholesale Banking:The corporate/wholesale banking segment offers a comprehensive suite of financial products and services to corporate clients, including working capital loans, cash management services, trade finance solutions, and foreign exchange services. The segment caters to various industries, including manufacturing, infrastructure, and services.
  4. Other Banking Business:The other banking enterprise segment encompasses a variety of activities, including fee-based services, insurance brokerage, and microfinance. This segment contributes to the bank's overall profitability and diversification of its revenue streams.

Equitas Small Finance Bank Management Team

Vasudevan Pathangi Narasimhan, Managing Director and CEO Vasudevan Pathangi Narasimhan currently holds the positions of Managing Director (MD) and Chief Executive Officer (CEO) at Equitas Small Finance Bank. With a rich background in the financial services sector, he brings a wealth of experience to his role. Prior to his current position, Narasimhan served as the Executive Vice President and Head of the Consumer Banking Group at Development Credit Bank Limited. His career spans almost two decades, with notable contributions during his tenure at Cholamandalam Investment and Finance Company Limited. Management Outlook 
  • ESFBL has the potential to address a substantial credit gap in the market. This gap represents an opportunity for the bank to extend its lending services to underserved or untapped customer segments, leading to increased market share and revenue.
  • The prevailing credit gap delivers ESFBL the chance to achieve sustained long-term growth. By strategically positioning itself in the market and effectively addressing the financial needs of a diverse customer base, the bank can build a robust and enduring business model.
  • The ongoing trend of increased formalisation in the Indian economy offers a significant growth avenue for ESFBL. As more economic activities become formalised, there is an expanded scope for the bank to offer various financial services to individuals and businesses, contributing to its overall growth.
Founded: 1993
Chairman: Anil Kumar Sharma
Managing Director: PATHANGI NARASIMHAN VASUDEVAN
Address: 4th Floor Spencer Plaza Pha-II, No 769 Anna Salai (Mount Road), Chennai, Tamil Nadu, 600002,