ESAF Small Finance Bank launched

Friday, Mar 17, 2017,11:37 IST By anju A A A

Kochi | ESAF Small Finance Bank, Kerala’s first private sector bank since the country’s independence, was launched by Chief Minister Pinarayi Vijayan in Thrissur today.
ESAF Small Finance Bank, which is planning to set up 85 branches in the first year, opened with 15 branches on the inaugural day.

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.