Small finance banks are a type of niche banks in India. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
REGULATIONS:
LIST OF SMALL FINANCE BANK APPROVED BY RBI
SMALL FINANCE BANK | HEADQUARTER | HEAD PERSON |
Au Financiers (India) Ltd | Rajasthan | Mannil venugopal(chairman) Sanjay agarwal |
Capital Local Area Bank Ltd | Jalandhar | Sarvjit Samra(CMD) |
Disha Microfin Private Ltd | Ahmedabad | Sameer nanavati(CMD) |
Equitas Holdings P Limited | Chennai | Bhaskar.S(executive director & CMD) |
ESAF Microfinance and Investments Private Ltd | Chennai | K.Paul Thomas(CMD) |
Janalakshmi Financial Services Private Limited | Bengaluru | Ramesh ramanathan(chairman) V.S.Radha Krishnan(MD&CEO) |
RGVN (North East) Microfinance Limited | Guwahati | Brji Mohan(chairman) Rupali kalita(Managing director) |
Suryoday Micro Finance Private Ltd | Navi Mumbai | R.Basker babu(MD&CEO) |
Ujjivan Financial Services Private Ltd | Bengaluru | Sudha suresh(MD&CEO) |
Utkarsh Micro Finance Private Ltd | Varanasi | Ragvendra singh (MD&CEO) |
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