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Equitas Holdings likely to take bonus route to list Small Finance Bank

With reverse merger not being an option as per Reserve Bank of India (RBI) norms, this may offer the best exit for shareholders of Equity Holdings

Board of Equitas SFB to meet in November to finalise listing steps

The promoter shareholding in the small finance bank has to be maintained at least 40 per cent, for a period of five years

Equitas to diversify products for a sustainable model

Equitas has in the past year started a Small Finance Bank (SFB)

Equitas SFB to add 409 branches by June 2017

The company is expected to invest around Rs 120 crore in branch infrastructure, says Equitas MD

Equitas SFB to add 409 more liability branches by FY 2018 Q1

The bank's networth stood at Rs 1,960 crore