₹32.31
0.46 (1.44%) - 25 Jun 2025 10:07 AMESAF Small Finance Bank is incorporated on May 5, 2016 in India, after receiving in principal approval from the Reserve Bank of India (RBI) to establish a small finance bank in the private sector under section 22 of the Banking Regulation Act, 1949 on September 16, 2015. The Bank received the license from the Reserve Bank of India on November 18, 2016 and commenced its banking operations from March 10, 2017. As per RBI Approval, the name of the Bank is included in the Second Schedule to the Reserve Bank of India Act, 1934 w. e. f. November 12, 2018. The Bank provides micro, retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to treasury and permitted foreign exchange business.</p><br>
Industry - Bank - Private
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