Kerala-based ESAF Small Finance Bank plans to open 100 branches by March as part of expanding presence across the country, a top official said.
"With an aim to build a pan India presence, ESAF Small Finance Bank will have a total of 100 branches by March this year. So far, the bank total business crossed Rs 6,000 crore", ESAF Small Finance Bank, Managing Director and CEO, K Paul Thomas said in a statement.
At the end of this financial year, the bank's total business would touch Rs 9,000 crore, he said.
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ESAF Small Finance Bank was one among the 10 Non-banking finance companies to receive 'in-principle' approval from Reserve Bank of India to start banking operations.
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