ESAF Small Finance Bank to be launched tomorrow

ESAF Small Finance Bank, Kerala's first private sector bank since the country's independence, will be launched by Chief Minister Pinarayi Vijayan in Thrissur tomorrow.
ESAF Small Finance Bank, which is planning to set up 85 branches in the first year, will open with15 branches on the inaugural day, a release said today.
ESAF Microfinance, the promoters of ESAF Small Finance Bank, is one of the 10 firms selected by the RBI for setting up small finance bank, which was conceptualised by the country's apex bank to further financial inclusion.