Equitas Holdings, holder of a small finance bank (SFB) licence, is reportedly aiming to serve 5% of households by 2025. The new SFB is expected to start operations in the next six months. The company is also planning to leverage its existing network of branches and customer base to build a community banking channel.
Equitas offer multiple channels to clients to access their accounts with the bank including digital channels such as net banking and mobile banking, offer third party products and services such as insurance, pension and 3-in-1 accounts to enhance the value to clients.
