Corporate News 16-Dec-22
RBI permits Franklin Templeton MF to acquire stake in Equitas Bank
Equitas Small Finance Bank has received an intimation from Reserve Bank of India (RBI) on 15 December 2022 wherein, upon an application pertaining to acquisition of shares of ESFBL, RBI has permitted Franklin Templeton Mutual Fund (FTMF) to acquire shares in Equitas Small Finance Bank (ESFBL) accruing solely on account of amalgamation of Equitas Holdings (EHL) with ESFBL and any fresh acquisition of shares or voting rights in ESFBL by FTMF would be subject to prior approval of RBI and with voting rights restricted to less than 5% of the total voting rights of ESFBL till further directions from RBI along with certain other conditions as stipulated by RBI vide the said letter.
Previous News
Equitas Small Finance Bank standalone net profit rises 9.25% in the March 2024 quarter
( Results - Announcements 24-Apr-24 14:50 )
Equitas Small Finance Bank standalone net profit rises 97.09% in the June 2023 quarter
( Results - Announcements 29-Jul-23 07:38 )
Board of Equitas Small Finance Bank approves change in directorate
( Corporate News - 24-Apr-24 18:17 )
Equitas SFB soars after Q4 PAT rises 32% YoY to Rs 322 crore
( Hot Pursuit - 08-May-23 15:22 )
Equitas SFB gets RBI licence to deal in foreign exchange
( Hot Pursuit - 20-Apr-23 11:10 )
Equitas Small Finance Bank standalone net profit declines 2.34% in the December 2021 quarter
( Results - Announcements 29-Jan-22 08:13 )
Equitas Small Finance Bank to hold board meeting
( Corporate News - 20-Oct-22 10:56 )
Equitas Small Finance Bank receives credit ratings from India Ratings
( Corporate News - 07-Mar-24 17:39 )
Board of Equitas Small Finance Bank recommends Final Dividend
( Corporate News - 24-Apr-24 15:37 )
Volumes soar at Mastek Ltd counter
( Hot Pursuit - 20-Apr-23 11:00 )
Equitas SFB records 9% YoY growth in Q4 PAT; GNPA rise by Rs 97.32 crore
( Hot Pursuit - 24-Apr-24 16:34 )
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