MUMBAI: In a new year bonanza to its customers Equitas Small Finance Bank has waived off non-maintenance charges on all savings accounts along with offering lower transaction charges to customers. To increase its savings deposits the bank is offering interest rate of 7.5% per annum on savings account and upto 8.25% p.a. on fixed deposit. It also offers 60Read More →

Mumbai: Small finance banks (SFBs) lining up initial public offerings (IPO) to meet regulatory requirements are tapping pre-IPO funding to set price benchmarks and test investor appetite. On 14 November, Mint had reported that Ujjivan Small Finance Bank had raised ₹250 crore in a pre-IPO round led by a fund managed by the IndiaRead More →