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Equitas Small Finance Bank Ltd
NSE: EQUITASBNK BSE: 543243
₹77.25
(0.58%)
Sat, 27 Jun 2026, 05:51 pm
Market Cap (in Cr)8894.72
PE Ratio85.91
Dividend0
Finance
Regional Banks
24.5KCompany History
1993
- The Bank was originally incorporated as V.A.P. Finance Private Limited on June 21.
1994
- The Bank became a deemed public limited company under Section 43A of the Companies Act, 1956 on March 5.
- The name of the Bank was changed to V.A.P. Finance Limited.
2011
- A fresh certificate of incorporation was granted by the RoC consequent upon change of name from V.A.P. Finance Limited to V.A.P. Finance Private Limited on March 30.
- A fresh certificate of incorporation was granted by the RoC consequent upon change of name from V.A.P. Finance Private Limited to Equitas Finance Private Limited on August 12.
2015
- EHL received the RBI In-Principle Approval on October 7.
- A fresh certificate of incorporation was issued by the RoC consequent upon change of name from Equitas Finance Private Limited to Equitas Finance Limited on September 29.
2016
- The Bank commenced operations as an SFB on September 5.
- Amalgamation of EMFL and EHFL with the Bank pursuant to the Amalgamation Scheme.
- EHL received the RBI Final Approval on June 30.
- A fresh certificate of incorporation was granted by the RoC consequent upon change of name of the Bank to Equitas Small Finance Bank Limited on September 2.
2018
- The Bank commenced MSE Financing products.
- The new CV financing portfolio of the Bank crossed Rs.5,000 million.
- Advances including IBPCs crossed Rs.100,000 million.
2019
- Total deposits of the Bank crossed Rs.100,000 million.
- The Bank crossed 15,000 employees.
2022
- Equitas Small Finance Bank opened its first branch in Trivandrum.
2023
- Granting of approval by Reserve Bank of India to ICICI Prudential Asset Management Company Limited for acquisition of shares of Equitas Small Finance Bank Limited.