Support and Resistance Levels
Past performance
About Equitas Small Finance Bank Ltd Equitas Small Finance Bank Limited, established in 1993, is one of India's largest small finance banks, focusing on providing comprehensive financial services to individuals with limited access to formal financing, as well as Micro, Small & Medium Enterprises (MSMEs), and corporates. The bank offers a wide range of products, including Small Business Loans, microfinance, vehicle loans, and housing finance, alongside non-credit services like debit cards and insurance. It operates across more than 853 locations in 15 states and union territories, maintaining a significant presence through 322 ATMs and cash recyclers.
The bank has undergone significant structural changes, including amalgamations and strategic capital raising, to comply with regulatory requirements and strengthen its financial position. It raised Rs. 28,000 lakh through an IPO in 2020 and further increased public shareholding through a Qualified Institutions Placement (QIP) in 2022, raising Rs. 550 crore to augment its Tier 1 capital. The bank continues to focus on retail banking, emphasizing micro-finance and financial solutions for underserved sectors.