Equitas Small Finance Bank

Equitas Small Finance Bank operates as a private sector bank in India, providing a wide range of financial services to individuals and businesses. The bank serves a diverse clientele, including retail customers, micro and small enterprises, and corporates. It operates in the small finance banking sector, which aims to provide financial inclusion to underserved and unbanked segments of the population. The business model of Equitas Small Finance Bank revolves around offering various deposit products such as savings accounts, fixed deposits, and recurring deposits, as well as loan products including vehicle finance, loans against property, gold loans, and business loans. The bank generates revenue primarily through interest income from its lending activities and fees from its banking services. Equitas Small Finance Bank also engages in e-auction sales of immovable properties to recover dues. The bank's focus on inclusive banking ensures that it caters to the financial needs of all sections of society, promoting economic growth and stability.

Keywords: small finance bank, inclusive banking, savings accounts, fixed deposits, loans, micro enterprises, financial inclusion, interest income, e-auction, India.