Small Finance Bank: List of Banks in 2020

Small finance banks are a type of niche banks in India. Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganized sector entities.

 

List of Indian Small Finance Bank in 2020

 

Bank Name Est. Headquarters Branches Total Assets
Ujjivan Small Finance Bank 2017 Bangalore 464 ₹9,473 crore (US$1.3 billion)
Jana Small Finance Bank 2018 Bangalore
Equitas Small Finance Bank 2016 Chennai 412 ₹1,787.41 crores (US$274 million)
AU Small Finance Bank 2017 Jaipur 396 ₹2,155.25 crore (US$300 million)
Capital Small Finance Bank 2016 Jalandhar
Fincare Small Finance Bank 2017 Bangalore
ESAF Small Finance Bank 2017 Thrissur 400
North East Small Finance Bank 2017 Guwahati
Suryoday Small Finance Bank 2017 Navi Mumbai
Utkarsh Small Finance Bank 2017 Varanasi

 

 

 

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