2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which bank will become the India’s first Small Finance Bank (SFB)
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Au Financiers Ltd
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Capital Local Area Bank
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ESAF Microfinance and Investments Private Ltd
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Disha Microfin Private Ltd
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Explanation:
Detailed explanation-1: -The correct answer is option 3, i.e. Capital Small Finance Bank.
Detailed explanation-2: -Capital Small Finance Bank (erstwhile Capital Local Area Bank) is the India’s first small finance bank founded in April 2016 as a microfinance lender, with its headquarters in Jalandhar, India.
Detailed explanation-3: -Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank.
Detailed explanation-4: -Equitas Small Finance Bank The company has a market capitalization of ₹6205 cr and has made a profit of ₹281 cr in 2022. It has a P/E Ratio (TTM ) of 15.83 and an EPS (TTM) of 3.05.
There is 1 question to complete.