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Equitas Small Finance Bank jumps on offering online process for NRI account opening

21 May 2021 Evaluate

Equitas Small Finance Bank is currently trading at Rs. 58.00, up by 1.30 points or 2.29% from its previous closing of Rs. 56.70 on the BSE.

The scrip opened at Rs. 57.80 and has touched a high and low of Rs. 58.35 and Rs. 56.85 respectively. So far 82797 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.20 on 05-Mar-2021 and a 52 week low of Rs. 30.10 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 58.35 and Rs. 55.00 respectively. The current market cap of the company is Rs. 6612.24 crore.

The promoters holding in the company stood at 81.98%, while Institutions and Non-Institutions held 13.79% and 4.23% respectively.

Equitas Small Finance Bank has now become the first Small Finance Bank to offer its NRI customer segment the ease of account opening online. It will also be the only one in the Small Finance Bank sector to have Virtual Relationship Managers based on time zones.

The online process of account opening for NRIs can done via smart phone or computer connected to Internet. The applicants will have a span of 90 days to courier documents after account opening. With this pioneering move, Equitas Small Finance Bank is seamlessly increasing opportunities for its NRI account holders to manage their investments, deposits and the income earned in India. The Equitas Net Banking would also facilitate investment in mutual funds and Portfolio Management Services for the NRI account holders.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.

Equitas Small Fin. Share Price

65.98 0.76 (1.17%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 784.50
ICICI Bank 1347.75
Axis Bank 1369.55
Kotak Mahindra Bank 370.40
Indusind Bank 860.45
View more..

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