Explore the leading Small Finance Bank (SFB) stocks in India ranked by market capitalization. These banks are integral to financial inclusion, focusing on rural and semi-urban areas with consistent growth and profitability.
Small Finance Banks (SFBs) aim to promote financial inclusion by serving underserved segments, including small businesses, farmers, and micro-enterprises. With a sustainable CAGR of 32% in deposits from 2020-2023, SFBs are poised for continued growth. Data as of 28th December 2024. Source – Industry Reports
Market Cap: ₹41,058.13 Crore AU Small Finance Bank, based in Jaipur, leads the small finance bank sector in India. It focuses on providing innovative financial solutions to underserved segments, including small businesses and rural communities. Data as of 28th December 2024. Source – NSE
Market Cap: ₹7,289.80 Crore Equitas Small Finance Bank, headquartered in Chennai, is known for its expertise in microfinance. It focuses on catering to small enterprises, low-income groups, and promoting financial inclusion. Data as of 28th December 2024. Source – NSE
Market Cap: ₹6,636.19 Crore Bengaluru-based Ujjivan Small Finance Bank stands out for its customer-centric approach. It focuses on enhancing financial literacy, encouraging savings, and supporting underserved communities in semi-urban and rural areas. Data as of 28th December 2024. Source – NSE
Market Cap: ₹4,101.51 Crore Headquartered in Bengaluru, Jana Small Finance Bank is a leader in microfinance. It offers customized microcredit solutions, empowering small businesses and strengthening rural economies. Data as of 28th December 2024. Source – NSE
Market Cap: ₹3,803.03 Crore Varanasi-based Utkarsh Small Finance Bank specializes in rural banking. It is committed to promoting savings and offering affordable loans, especially in remote areas. Data as of 28th December 2024. Source – NSE
Market Cap: ₹1,967.33 Crore Kerala-based ESAF Small Finance Bank is known for its social banking initiatives. It focuses on empowering small farmers, artisans, and women entrepreneurs while achieving sustainable development goals. Data as of 28th December 2024. Source – NSE
Market Cap: ₹1,422.12 Crore Suryoday Small Finance Bank, headquartered in Navi Mumbai, provides tailored financial services for small businesses. It is known for its innovation and customised products. Data as of 28th December 2024. Source – NSE
Market Cap: ₹1,268.92 Crore Based in Jalandhar, Capital Small Finance Bank is recognized for its efficient banking services. It focuses on supporting rural customers and fostering financial growth in Northern India. Data as of 28th December 2024. Source – NSE
Small Finance Banks have revolutionized banking in rural and semi-urban India. Their commitment to financial inclusion, innovative solutions, and sustainable growth reflects their pivotal role in the nation's economic framework. Data as of 28th December 2024. Source – NSE