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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