Equitas Small Finance Bank Ltd.

EquitasSmall Finance Bank is planning to foray into credit cards and personal loansegments as it expects to build a consumer finance portfolio. The bank is alsoinvesting in developing a mobile application to serve merchants and helpimprove their business operations. The bank would work on offerings like forexcards, Foreign Currency Non-Resident (FCNR) deposits, and remittances, amongothers. The bank completed the reverse merger of Equitas Holdings with EquitasSmall Finance Bank which would allow the financial institution to apply for aUniversal Bank License.

Equitas Small Finance Bank offers personalised services andhelps finds the right product to suit individual banking requirements for theirsavings.