Jana SFB’s net worth stood at Rs 3,577 crore as on March 2024 while the capital adequacy ratio was at 20.3%. Its FY24 net profit stood at Rs 670 crore and GNPA and NNPA were at 2% and 0.5%.

Bandhan Bank soared 8.27 per cent to Rs 146.50. RBL Bank climbed 6.62 per cent to Rs 168.90. AU SFB advanced 4.80 per cent to Rs 549.30. IndusInd Bank and IDFC First Bank were trading 1.5-1.6 per ...

Apart from Ujjivan SFB, AU SFB has already applied for an universal bank license with the RBI For a better experience, Read this story in our App SENSEX 83,606.46 ...

Equitas SFB partners with Chennai Super Kings; becomes official banking partner As part of this partnership, Chennai Super Kings team will sport the Equitas Small Finance Bank logo on the leading ...

AU SFB to explore universal bank conversion SFBs can convert to universal banks if meeting ₹1,000 crore net worth, capital requirements, profit, and NPA criteria. By Hamsini Karthik. Updated ...

Ujjivan Small Finance Bank Savings Account Interest Rates. On savings account balances of Up to ₹ 1 lakh, the bank offers an interest rate of 3.50% and on savings account balances of more than ...

The bank is now giving an interest rate of 7.75% on fixed deposits maturing in 18 months, 1 day to 2 years, while Equitas Small Finance Bank (SFB) is now promising an interest rate of 8.00% on ...

RBI's plan to allow voluntary transition of SFB's to a universal bank is going to allow to offer the whole range of banking products and financial services. Vikrant D Updated: Saturday, April 27 ...

AU Small Finance Bank to acquire rival Fincare SFB AU Small Finance Bank and Fincare Small Finance Bank have approved an all-stock merger. Fincare will merge into AU, with Fincare shareholders ...

AU SFB was an exceptions as it started out as an non-bank finance company AU Financiers. Fincare SFB had started out as Disha Microfin and was largely in the inclusion space.

Besides Jana SFB, the managements of AU SFB and Ujjivan SFB have also evinced interest in applying for universal bank licences. According to Kanwal, Jana SFB will grow its overall advances by 20% ...

Fincare Small Finance Bank (Fincare SFB) is set to merge with AU Small Finance Bank (AU SFB) from February 1, 2024. The merger is subject to all necessary approvals. In a regulatory filing ...