Equitas Small Finance Bank Ltd. Stock Analysis EQUITASBNK.NS

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 Bank offers banking products and services to customer segments including individuals with limited access to formal financing channels, as well as affluent and mass affluent, Small & Medium Enterprises (SMEs) and corporates. The firm operates through three segments: Treasury, Wholesale Banking and Retail Banking businesses. The treasury segment includes all investment portfolios, Profit/ Loss on sale of investments, priority sector lending certificates (PSLC) fees, Profit/Loss on foreign exchange transactions, equities, income from derivatives and money market operations. Corporate / Wholesale Banking includes all advances to trusts, partnership firms, companies and statutory bodies. Retail Banking includes lending to and deposits from retail customers and identifying earnings and expenses of the segment. Along with these services, it provides consumer banking, commercial banking services, among others.