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

Kerala Gets First Private Medical Museum in Thiruvananthapuram

The state of Kerala got the first private medical museum, which is established in Ulloor,…

1 hour ago

Indian Railways Launches CHIRAG Centre in Hyderabad to Modernise HR Governance with AI

Indian railways has launched the CHIRAG Centre in Hyderabad. It is a dedicated national hub…

1 hour ago

Sports Ministry Notifies Rules for National Sports Board and Tribunal Under Governance Reform Act

India's Sports Ministry has notified the operational rules for the National Sports Board (NSB) and…

1 hour ago

IIP Reform Explained: New Base Year, Chain-Linked Methodology, and What It Means for India

Ministry of Statistics and Policy Implementation (MoSPI) has proposed the major overhaul of the Index…

1 hour ago

Assam Introduces UCC Bill 2026 in Assembly, Proposing Major Personal Law Reforms

The Assam state government has tabled the Uniform Civil Code (UCC) Bill, 2026 in the…

1 hour ago

RBI Tightens Urban Co-operative Bank Governance with New Director Tenure Limits

The Reserve Bank of India (RBI) has introduced stricter norms for the directors of Urban…

3 hours ago