IDBI Capital: Equitas Small Finance Bank IPO - Better Product Diversification Among Its Peers
A customer counts Indian rupee banknotes at a stall at a vegetable wholesale market (Photographer Dhiraj Singh/Bloomberg)

IDBI Capital: Equitas Small Finance Bank IPO - Better Product Diversification Among Its Peers


BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

Equitas Small Finance Bank has begun the operations in 2007 as an non-banking financial company –microfinance institution and housing finance since 2011 and had the most diversified portfolio, with 856 banking outlets across 17 states and union territories in India (Q1 FY21).

With a total loan book of Rs 155.7 billion as of June 2020, it’s the second largest small finance bank among the 10 SFB players that got the license.

Key Risks -

1. The continuing impacts of Covid-19 are highly unpredictable and may have an adverse effect on business, operations and our future financial performance.

2. Bank need to fulfill stringent regulatory requirements and prudential norms and not comply of same could affect the business.

Click on the attachment to read the full report:

IDBI Capital Equitas SFB_IPO Note .pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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