GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
E

Equitas Small Finance Bank EQUITASBNK.NS · INR

Financials · NSE · 🇮🇳 India

Compare

56.10

+2.58%

Close of 9 Nov 2026, in INR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

About Equitas Small Finance Bank

Its shares trade on NSE under the ticker EQUITASBNK.NS. It has been listed since 2 November 2020. In the fiscal year to 31 March 2026, it reported revenue before interest expense of ₹78.68bn and net income of ₹1.03bn. At that date it held total assets of ₹606.10bn and shareholders' equity of ₹61.25bn.

Equitas Small Finance Bank Ltd. engages in the provision of micro finance loan services. The company is headquartered in Chennai, Tamil Nadu. The company went IPO on 2020-11-02. The firm operates through three segments: Treasury, Wholesale Banking and Retail Banking business. Treasury segment includes all investment portfolios, profit/loss on sale of investments, priority sector lending certificates (PSLC) fee, profit/loss on foreign exchange transaction, equities, income from derivatives and money market operations. The Corporate / Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies, which are not included under Retail Banking. The Retail Banking segment includes lending to and deposits, from retail customers and identified earnings and expenses of the segment. Its services include retail banking business with focus on micro-finance, commercial vehicle finance, home finance, loan against-property, corporate finance, and providing financing solutions for individuals and micro and small enterprises (MSEs).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Banks
Listed since
2 Nov 2020
Employees
20,563

Leadership

Pay as last reported

  • Mr. Anil SharmaPart-Time Non-Executive Independent Chairman of the Board₹3.2m
  • Mr. Vasudevan NarasimhanChief Executive Officer, Managing Director, Executive Director, since 2016₹30.9m
  • Mr. Sridharan NChief Financial Officer₹3.2m
  • Mr. Ramanathan NCompliance Officer, Company Secretary
  • Mr. Balaji NuthalapadiExecutive Director - Technology and Operations, since 2025₹190,000
  • Prof. Samir BaruaNon-Executive Independent Director₹3.3m
  • Ms. Geeta GoelNon-Executive Independent Director₹2.4m
  • Mr. Ramkumar KrishnaswamyAdditional Non-Executive Independent Director₹1.2m
  • Mr. Narayanan NadadurAdditional Non-Executive Independent Director₹2.5m
  • Mr. Navin PuriNon-Executive Independent Director₹3.5m
  • Dr. Gulshan RaiAdditional Non-Executive Independent Director₹2.8m
  • Mr. Keezhayur SampathAdditional Non-Executive Independent Director₹2.7m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
49
Environment
19
Social
71
Governance
56
Direct emissions (scope 1)
133.09 t
Energy emissions (scope 2)
435.18 t
Women in the workforce
13%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Equitas Small Finance Bank Ltd employs 20,563 full-time employees in Chennai, India.
  • The bank operates through three segments: Treasury, Wholesale Banking, and Retail Banking.
  • Its focus on micro-finance and MSEs supports underserved markets in India.

Weaknesses

  • The bank's IPO listing date is 2 November 2020, which may affect market perception.
  • The company's headquarters in Chennai, Tamil Nadu, limits its geographic reach.
  • The Treasury segment's reliance on investment portfolios may pose financial risks.

Opportunities

  • Expanding micro-finance services to rural areas in India could increase market share.
  • The Retail Banking segment's focus on home finance and commercial vehicle finance offers growth potential.
  • Wholesale Banking segment can target more corporate clients for higher revenue.

Threats

  • The Treasury segment's exposure to foreign exchange transactions creates volatility risks.
  • The bank faces competition from established financial institutions in India.
  • Regulatory changes in the Banking sector could impact operations significantly.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.