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ESAF Small Finance Bank gains on partnering with Shriram Life Insurance

23 Jul 2025 Evaluate

ESAF Small Finance Bank is currently trading at Rs. 32.90, up by 0.29 points or 0.89% from its previous closing of Rs. 32.61 on the BSE.

The scrip opened at Rs. 33.19 and has touched a high and low of Rs. 33.19 and Rs. 32.43 respectively. So far 45329 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 53.10 on 22-Aug-2024 and a 52 week low of Rs. 24.35 on 27-Mar-2025.

Last one week high and low of the scrip stood at Rs. 34.63 and Rs. 32.43 respectively. The current market cap of the company is Rs. 1691.77 crore.

The promoters holding in the company stood at 63.31%, while Institutions and Non-Institutions held 5.27% and 31.42% respectively.

Shriram Life Insurance has partnered with ESAF Small Finance Bank to expand the reach of its life insurance products to underserved communities across India. Under the tie-up, ESAF Small Finance Bank will act as a corporate agent, distributing Shriram Life's insurance offerings through its extensive branch network. The partnership aims to reach first-time insurance buyers, low-income families, and rural households.

ESAF Small Finance Bank (ESAF SFB) the new age social bank continues to redefine the banking experience to all the stakeholders.

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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