News

Total income of the bank increased by 15.24 % to Rs 1147.39 crore for Q2FY23

RBI has granted its approval to SBIFML to acquire paid-up equity capital through the schemes of SBI Mutual Fund

The Bank’s total gross advances were Rs 37,986 crore for the March 2025 quarter

The bulk term deposits of the bank jumped by 139% during December quarter of FY23 at Rs 4,306 crore

Its gross advances were up by 32% to Rs 32,777 crore (Provisional) in Q3FY24

The bank has introduced a new slab of 444 days tenure that offers an interest rate of 8.5% for deposits less than Rs 2 crore

Its gross advances were up by 37% to Rs 31,231 crore (Provisional) in Q2FY24 as against Rs 22,779 crore as of September 30, 2022

Gross Advances stood at Rs 28,061 crore (Provisional) as of March 31, 2023, posting a 36% rise in year-on-year (YoY) terms against Rs 20,597 crore as of March 31, 2022

Its CASA grew marginally to Rs 10,642 crore as of June 30, 2023, as compared to Rs 10,548 crore on a yearly basis

Total income of the bank increased by 33.57% at Rs 1,394.42 crore for Q4FY23

The disbursements for the quarter jumped over two-times to Rs 3,238 crore, from Rs 1,265 crore in April-June quarter of FY22

The disbursement for the quarter increased 22% to Rs 3,845 crore (Provisional), from Rs 3,145 crore in July-September quarter of FY22

The Bank has planned to expand to four more districts -Palakkad, Kozhikode, Ernakulam, Thrissur - to strengthen its presence across Kerala in the coming days

The Gujarat Titans team will sport the Equitas Small Finance Bank logo on the back of the helmet

Total income of the Bank increased by 17.49% to Rs 1216.03 crore for Q3FY23

The RCB team will don the Equitas Small Finance Bank logo on the lead trousers as part of the team’s jersey

The collaboration is set to enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers

The proposed acquisition of shares by DSPIM would be consequent to the Scheme of Amalgamation of Equitas Holdings (Holding Company) with the Bank taking effect

The License is to deal in foreign exchange

Total income of the bank increased by 34.25% at Rs 1,540.37 crore for Q2FY24

The bank would work on offerings like forex cards, Foreign Currency Non-Resident deposits, and remittances, among others

Freo Save will offer an interest rate of up to 7 percent to customers for balances above Rs 5 lakh up to Rs 2 crore

This partnership will allow the bank’s vast customer base to access Edelweiss Life’s comprehensive life insurance solutions

The Bank also opens a branch in the Andheri region of Mumbai District to serve more customers in the Western part of India

The Board of Directors of the Bank, at the meeting held on May 30, 2025, has inter-alia considered and approved the same