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Equitas SFB is offering 6.75 per cent per annum on its one-year to 18-month deposits. Check out why Equitas Holdings share price is falling today. Smriti Mandhana said, “I am really glad to be an instrumental part of Equitas Small Finance Bank’s motive of promoting financial empowerment to … A 3-in-1 account (savings +trading+ demat) is a convenient option that helps the customers to keep all their banking and financial investments under one umbrella entity. Equitas Small Finance Bank IPO: What retail and other investors should know Equitas Holdings to start small finance bank operations from Sept 5 Equitas Small Finance Bank IPO News: Equitas Small Finance Bank Limited will open the initial public offer (IPO) of equity shares of face value of Rs. ... Join Mint channel in your Telegram and stay updated with the latest business news. 3-in1 account (savings plus trading plus demat) is a convenient option that helps the customers to keep all their banking … Meanwhile, Equitas Small Finance Bank announced Smriti Mandhana – Indian Woman cricketer as the new Brand Ambassador. At present, almost no bank offers an interest rate of 7% on savings bank deposits, and many banks offer less than 7% even for fixed deposits. The shares of Equitas Small Finance Bank were listed on stock exchanges NSE and BSE with effect from November 2, 2020. The Central bank had also directed a freeze on the remuneration of the MD and CEO of the bank at the level that existed on September 6, 2019, which has now been withdrawn. Markets Today Top Gainers UPL 4.19%. The initial public offer (IPO) of Equitas Small Finance Bank received bids for 7.80 crore shares on Wednesday, 21 October 2020, as against 11.58 crore shares on offer, as per the National Stock Exchange of India (NSE) website data at 17:00 IST. Equitas Small Finance Bank Ltd, (SFB) has launched a 3-in-1 account, which allows its customers to invest in wide variety of financial product using a Sunday, December 13 2020 Latest News EQUITASBNK, BSE:543243- Keep track of all breaking news on Equitas Small Finance Bank Ltd. from all sources at a single place. Equitas Small Finance Bank aka ESFB IPO will hit the market on 20 October 2020. Find Equitas Latest News, Videos & Pictures on Equitas and see latest updates, news, information from NDTV.COM. Explore more on Equitas. More than $7 500 were raised Equitas Small Finance Bank has launched a 3-in-1 account which allows its customers to invest in wide variety of financial product. More than $7 500 were raised for Equitas at the Scotia Bank Virtual Race! Chennai-based Equitas Small Finance Bank, which listed on stock exchanges earlier this month, unveiled a new type of zero-balance savings bank account with a whopping 7% interest rate. More than 150 km were completed by our 19 runners! 19 people ran and raised funds for Equitas and human rights education in the Scotia Bank Virtual Race this summer. Equitas Small Finance Bank latest FD interest rates. Equitas Small Finance Bank has launched its IPO The period for subscription began on 20th October and shall end on 22nd October 2020. More than $7 500 were raised this year for our first participation in the race. More than $7 500 were raised for Equitas at the Scotia Bank Virtual Race! More than 150 km were completed by our 19 runners! Equitas Holdings in a press release has stated that Equitas Small Finance Bank, its subsidiary has the largest small finance bank ("SFB") in India in terms of number of banking outlets as of March 31, 2019 (Source: CRISIL report), has launched a new product aimed at women, 'Eva', a unique savings account tries to address the well-being of Indian women in every … ADANIGREEN -2.60%. Latest FD interest rates here 2 min read. According to its website, Equitas Small Finance Bank provides 0.50% extra return to senior citizen depositors (not applicable for NRE and NRO accounts) Promoted Listen to the latest … The scrip will be listed on 2nd November 2020. ... Equitas Small Finance Bank launches 3-in-1 account for saving, trading & demat. The small finance bank recorded net profit of Rs 57.67 crore and total income of Rs 750.96 crore in the quarter ended on 30 June 2020. With a 95% collection efficiency, Equitas SFB MD & CEO P N Vasudevan is hopeful of the demand being back very. The listing of the banking subsidiary of Equitas … Aimed at Women. Equitas Small Finance Bank, on Thursday, announced that it has launched a 3-in-1 account, which includes savings, trading and demat, to widen its product offerings and allows its customers to keep the Equitas Small Finance Bank IPO to raise Rs.532 crores. Equitas: Get all the Latest News, Pictures, Videos and Special Report about Equitas by mint. The restrictions were removed after Equitas Small Finance Bank got listed on exchanges earlier in the month. After the IPO, the shareholding of Equitas Holdings in Equitas Small Finance Bank will be reduced to 82 percent from 95.49 percent. Equitas Small Finance Bank is the largest small finance bank in India in terms of number of banking outlets and the second largest SFB in India in terms of assets under management and total deposits in FY2019. CHENNAI: Equitas Small Finance Bank has launched a three-in-one account -- savings + trading+ demat -- to enable its customers to keep all their banking and … Advancing equality, social justice and respect for human dignity in Canada and around the world through education HDFC Bank’s fraud awareness campaign features rapper Kaam Bhaari The issue was subscribed 0.67 times. Mumbai (Maharashtra) [India], December 10 (ANI): Equitas Small Finance Bank has launched a three-in-one account which allows customers to invest in a wide variety of financial products. Equitas Small Finance Bank, the wholly-owned subsidiary of Equitas Holdings, will list on bourses on November 2, with the company fixing the issue price at Rs 33 per share. Equitas Small Finance Bank saw a robust collection in the months of September and October, probably amongst the best in the SFB segment. Equitas Small Finance Bank 7% interest rate, PF waiver, discounted gold loan --Check out benefits of Equitas Small Finance Bank women savings a/c. Equitas Small Finance Bank launches 3-in-1 account for saving, trading & demat 1 min read. Close “We have good relationships with our customers as most of them are long-term. The current offer for sale is of 7.2 crore equity shares amounting to Rs 237.60 crores and a fresh issue of equity shares aggregating to Rs 237 crores. (Mint) Equitas Small Finance revises fixed deposit rates. Eva, a unique savings account, tries to address the well-being of Indian women in every aspect such as health, wealth and prosperity. Equitas Holdings share price live updates on The Economic Times. 19 people ran and raised funds for Equitas and human rights education in the Scotia Bank Virtual Race this summer. For senior citizens, the rate is 7.25 per cent per annum, that is, an extra 0.50 percentage points. Read latest news and live updates on Equitas-small-finance-bank including breaking news on Equitas-small-finance-bank,Equitas-small-finance-bank photos,Equitas-small-finance-bank videos and many more at cnbctv18.com. The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. Equitas Small Finance Bank provides business update for August Equitas Small Finance Bank has launched a 3-in-1 account which allows its customers to invest in wide variety of financial product. Top Losers PNB -2.96%. DHFL Case: Latest Grant Thornton report flags fraudulent transactions of Rs 1,058 crore Yes Bank aims to double credit card customer base in 2 yrs, grow book by 4 … ASIANPAINT 3.42%. Get detailed Equitas Holdings stock price news and analysis, Dividend, Bonus Issue, Quarterly results information, and more. However, […] At the Scotia Bank Virtual Race this summer months of September and October, probably amongst the in. 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