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Our News - Jan 2021
- 2020-11-27 : ESAF Bank opens 500th branch in Ahmadabad
ESAF Bank opens 500th branch in Ahmadabad. The bank is aiming to offers equal opportunity for the whole society through universal access. It offers retail loans like home, personal, car, two-wheeler and gold loans along with mudra and business loan. - 2020-11-17 : Equitas Small Finance Bank launched a special women savings account
ESFB announced the launch of a women Eva savings account paying 7% interest. In every aspect, such as fitness, wealth and stability, Eva aims to address the well-being of Indian women. It also provides free health checks and unrestricted tele-consultation with women physicians, gynaecologists and mental health professionals. It also provides female clients with PF waiver and reduced gold loan rates, along with 25-50% discounts on lockers. - 2020-11-10 : Ujjivan Small Finance Bank reported a marginal rise in Q2 net profit
Ujjivan Small Finance Bank posted a marginal rise in net profit at Rs 96 crore for September. Total income during July-September 2020-21 increased to Rs 818.01 crore on the back of retail loans like home, personal, gold, two-wheeler and car loan along with business and mudra loans. Further, The bank opened 5.1 lakh deposit accounts between April and September while retail deposits have now grown to 49% of total deposits as against 42% a year back. Deposits which includes fixed and recurring deposits stood at Rs 10,743 crore. - 2020-10-28 : Customer spending getting back to pre-COVID levels for AU Small Finance Bank
AU Small Finance Bank reported an increase of 23% in per day debit card spends. Overall, point-of-sale and e-commerce transactions witnessed a surge of 16% since the launch of the festive offers. The festive offer of the AU Small Finance Bank includes credit offerings such as 100% waiver on valuation charges for gold loan and attractive interest rates on car and home loans. - 2020-10-23 : Jana Small Finance Bank plans 600 branches by March next year
Jana Small Finance Bank will convert its asset centres into bank branches to have over 600 branches. The Small Finance Bank serves underbanked customers through various products, including zero balance savings accounts, fixed deposits with attractive interest rates, collateral-free loans and affordable home loan schemes.
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