Equitas Small Finance Bank Ltd. is the largest small finance bank in India in terms of number of banking outlets and the second largest in terms of assets under management and deposits in Fiscal 2019. Equitas Small Finance Bank Ltd. offers a range of banking products and services to customers with a focus on serving the unserved and underserved segments of the society. About 90% of our advances are to the informal economy borrowers who are largely tiny and small business owners.
The bank has rolled out multiple digital products and services to its clients and enables people to open and transact digitally from remote locations and it is reflected in about 97% of the transactions post-Covid happening outside the branch channel. The bank is also one of the early banks to adopt the video KYC process for on-boarding of customers digitally.