Equitas Small Finance Bank
Equitas Small Finance Bank's Overview
Equitas Small Finance Bank is a new age bank focused on providing banking services to individuals, families, and businesses across India, with a special emphasis on financial inclusion for unserved and underserved segments. Originating from a microfinance background, Equitas SFB aims to offer a comprehensive suite of products including savings accounts, term deposits, loans (vehicle, housing, MSME), and digital banking solutions. As of Fiscal 2023, it is one of the leading Small Finance Banks in India in terms of Assets Under Management (AUM) and total deposits.
Where is Equitas Small Finance Bank's Headquarters?
HQ Function
The headquarters serves as the primary center for strategic decision-making, corporate governance, policy formulation, and overall management of the bank's nationwide operations and branch network.
Notable Features:
The headquarters is situated in Spencer Plaza, one of Chennai's iconic and historic commercial complexes, offering a prime and accessible location.
Work Culture:
The work culture at Equitas Small Finance Bank's headquarters likely fosters customer-centricity, ethical practices, innovation in financial services, teamwork, and a commitment to the bank's mission of financial empowerment and inclusion.
HQ Significance:
The Chennai headquarters is pivotal as it directs the bank's initiatives to expand financial services across India, particularly focusing on bringing formal banking to underserved populations and driving inclusive growth.
Values Reflected in HQ: The headquarters' operations strive to embody the bank's core values: 'FACE' - Fair, Accountable, Customer-centric, and Ethical, along with transparency, integrity, and a dedication to empowering communities.
Location:
Equitas Small Finance Bank's operations are primarily concentrated within India. The bank is dedicated to serving domestic customers, including individuals, micro, small, and medium enterprises (MSMEs). While it facilitates international transactions for its Indian customers, such as NRI (Non-Resident Indian) banking services and foreign exchange services, Equitas Small Finance Bank does not maintain physical banking branches or independent operational entities in foreign countries. Its international engagement is mainly through correspondent banking relationships to support its domestic clients' global needs.
Street Address:
Phase II, 4th Floor, Spencer Plaza, No. 769, Mount Road, Anna Salai
City:
Chennai
State/Province:
Tamil Nadu
Country:
India
Equitas Small Finance Bank's Global Presence
Multiple Cities, Various States/India
Address: Equitas Small Finance Bank operates an extensive network of 914 banking outlets and 250 ATMs spread across 18 states and union territories in India (as of March 31, 2024). Specific branch addresses can be found using the bank's official branch locator tool.
The widespread branch network is designed to ensure deep penetration of banking services into urban, semi-urban, and rural areas. The key purpose is to promote financial inclusion, make formal banking accessible, and address the specific financial requirements of local communities and businesses in their respective operational regions.
Buying Intent Signals for Equitas Small Finance Bank
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Executive Team of Equitas Small Finance Bank
As of April 2025, Equitas Small Finance Bank' leadership includes:
Investors of Equitas Small Finance Bank
Equitas Small Finance Bank has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Key executive movements in the last 12 months (approx. May 2023 - May 2024) at Equitas Small Finance Bank primarily featured the re-appointment of Mr. P N Vasudevan as MD & CEO, ensuring leadership continuity. Additionally, there was a transition in the role of Company Secretary & Compliance Officer.
Departures
New Appointments:
Technology (Tech Stack) used by Equitas Small Finance Bank
Discover the tools Equitas Small Finance Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Equitas Small Finance Bank Email Formats and Examples
Equitas Small Finance Bank generally utilizes a standardized email format for its employees. While minor variations might exist depending on departments or roles, a common pattern involves a combination of the employee's first name and last name initial.
firstnamelastinitial@equitasbank.com
Format
rohitp@equitasbank.com (example for Rohit Phadke)
Example
75%
Success rate
News and media
Business Standard • May 03, 2024
Equitas SFB Q4 net profit dips 9% to Rs 190 cr on rise in opex
Equitas Small Finance Bank reported a 9% year-on-year decline in its net profit to Rs 190 crore for the fourth quarter ended March 2024 (Q4 FY24). This dip was primarily attributed to an increase in operating expenses. However, the bank's Net Interest Income (NII) saw a growth of 14% to Rs 806 crore during the same period....more
The Economic Times • April 10, 2024
Equitas Small Finance Bank revises FD interest rates; check latest rates here
Equitas Small Finance Bank announced a revision in its interest rates for fixed deposits (FDs) on amounts below Rs 2 crore. The new rates came into effect on April 8, 2024. The bank continues to offer competitive interest rates, with the highest rate for general citizens being 8.5% and for senior citizens 9% on specific deposit tenors....more
CNBC-TV18 • May 15, 2024
Equitas Small Finance Bank shares rise after CLSA initiates coverage with 'buy' rating
Shares of Equitas Small Finance Bank experienced a rise following a decision by brokerage firm CLSA to initiate coverage on the stock. CLSA assigned a 'buy' rating and set a target price of Rs 130 per share, highlighting the bank's strong growth prospects and currently attractive valuations....more
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