Categories: Banking

Equitas Small Finance Bank became Partner of Maharashtra state govt

Equitas Small Finance Bank has empanelled as the banking partner of the state government of Maharashtra with an aim to offer its services to employees of the State Government. The Bandhan Bank, Karur Vysya Bank, and the South Indian Bank have been assigned the role of distributing salaries and allowances to the government employees.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

This partnership will enable the ESFBL to distribute salaries and allowances to the existing employees apart from making provision of pension to pensioners. The state government has authorised the Equitas SFB to open salary and pension accounts for the existing and retired employees across 58 branches of the bank across the state.

Important takeaways for all competitive exams: 

  • Equitas Small Finance Bank Ltd Founded: 2016;
  • Equitas Small Finance Bank Ltd Headquarters: Chennai, Tamil Nadu;
  • Equitas Small Finance Bank Ltd MD & CEO: Vasudevan Pathangi Narasimhan;
  • Equitas Small Finance Bank Ltd Tagline: It’s Fun Banking.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Country is the Largest Honey Producer in the World?

Did you know that honey is one of the oldest natural foods enjoyed by humans?…

5 mins ago

B.P. Singh Assumes Charge as DG Naval Armament at Naval Headquarters

Shri B.P. Singh has officially taken charge as the new Director General of Naval Armament…

8 mins ago

India, Canada Announce Strategic Energy Partnership, Revive CEPA Talks

While Canadian Prime Minister Mark Carney’s official visit to India. Canada's Prime Minister Carney's and…

32 mins ago

World Wildlife Day 2026: Why Medicinal Plants Are at the Heart of Global Conservation

The world will celebrate the World Wildlife Day 2026 on 3rd of March. The United…

59 mins ago

Which Country is the Largest Producer of Tamarind in the World?

Did you know that tamarind is one of the most widely used tropical fruits in…

16 hours ago

Which Country is the Largest Olives Producer in the World?

Did you know that olives have been grown for thousands of years and are considered…

18 hours ago