Capital Small Finance Bank Limited is formerly known as Capital Local Area Bank Limited. It is the first small finance bank in India. Capital small finance bank limited introduced modern banking facilities in rural areas at low cost. The bank provides Internet banking, mobile banking, locker operations, and all kinds of loans at competitive interest rates. The bank’s Rupay card is accepted across 2.49 Lakhs ATMs, over 50 Lakhs POS Terminals, and on all e-commerce sites. Conversion from Local Area Bank to Small Finance Bank helped the bank to remove geographical barriers for expansion. The Bank has 80% of its business in rural and semi-urban areas.
The Bank is witnessing exponential growth in every segment of business and performance.The branch network has increased from 47 on the day of conversion to small finance bank to150 as on March 31, 2020. The total business of the Bank has increased from 2,963 Crores ason March 31, 2016 to 7,772 Crores as on March 31, 2020.The bank is expecting its business to grow to Rs.24,000 Crores by end of FY 2025 with 350 number of branches.
Products and Services of Capital Small Finance Bank includes Loans, money transfers, deposits, savings and current account, term deposits, insurance and forex services
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CIN of Capital Small Finance Bank |
U65110PB1999PLC022634 |
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Registration Date of Capital Small Finance Bank |
31 May 1999 |
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Category / Sub-Category of Capital Small Finance Bank |
Company Limited by Shares |
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Capital Small Finance Bank Registered office address and contact details |
MIDAS Corporate Park, 3rd Floor, 37 G.T.Road, Jalandhar. |
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Capital Small Finance Bank Registrar and Transfer Agent address and contact details |
Link Intime India Pvt. Ltd. C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai-400083. Tel.: 022-4918 6270 |
Capital Small Finance Bank Limited does not have any subsidiary or associate company.
Sarvjit Singh Samra (Managing Director &Chief Executive Officer)
Dinesh Gupta
Srinath Srinivasan
Mohit Verma
Mahesh Parasuraman
Rahul Priyadarshi
Rakesh Soni
Harmesh Khanna
Sham Singh Bains
Gurdeep Singh
Gurpreet Singh Chug
Navin Kumar Maini
Munish Jain (Chief Operating Officer & Chief Financial Officer)
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Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Banking & Financial Services |
64191 |
100% |
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S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Sarvjit Singh Samra |
76,87,396 |
22.74% |
|
2 |
Brig. Swaran Singh Saini |
4,75,513 |
1.41% |
|
3 |
Gursharan Kaur Dhillon |
3,11,720 |
0.92% |
|
4 |
Dinesh Gupta |
3,25,253 |
0.96% |
|
5 |
Bhagwant Singh Sangha |
39,600 |
0.12% |
|
6 |
Parkash Kaur Pooni |
88,391 |
0.26% |
|
7 |
HDFC Standard Life Insurance Company Limited |
13,94,400 |
4.12% |
|
8 |
ICICI Prudential Life Insurance company Limited |
13,22,400 |
3.91% |
|
9 |
Oman India Joint Investment Fund II |
33,46,914 |
9.90% |
|
10 |
Others |
1,88,15,630 |
44.34% |
|
|
Total |
3,38,07,217 |
100% |
Small Finance Banks shall perform basic banking function like acceptance of alltypes ofdeposits and lending loans to unbanked areas of the country. Small Finance Banks have to followall thenorms and regulationsapplicable to commercial banks like maintenance of Cash Reserve Ratio andStatutory Liquidity Ratio.
Small Finance Banks are required to give 75% of their loan to priority sector and50% of its loan portfolio constitutes loans and advances of maximum up to Rs. 25 lakhs. Theminimumpaid up equity capital is 100 crores. The promoter’s stakes should be 40% minimum that must be broughtdown to 26% in 12 Years. The basic objectives for the setting up of SFBs are provide credit facilities to smallbusiness units,small farmers, micro and small industries and unorganized sectors and reform to improve financialinclusion in the country. Small Finance Banks cannot perform non-banking financial services and not allowed to lend tobig industries.
2020 was a year mainly dominated and impacted by COVID-19. Small Finance Banks are beginning to feel the effect to local and state wise lockdowns. However, Small finance banks are better prepared this year (2021) in second wave of COVID 19 pandemic. Rural customers of Small Finance Banks are less affected by the second wave of COVID 19. There have been delays in collections, but collections have been hit only 1-3% in this second wave of COVID.
According to ICRA, a rating agency, microfinance industry is likely to face asset quality pressure in the short term. However, the majority of microfinance industry will withstand the any stress as their collection capacity is improving. Moreover, their balance sheets mention that they are maintaining sufficient liquidity for tackling emergencies.
The collection capacity of the small finance bank industry improved to around 102%. The Indian microfinance market is expected to grow at CAGR of more than 40% through 2025. South India accounts for more than one third of the market share of Microfinance industry.
The advances and depositsin the SFB industry has increased with the CAGR of 75.3% and 155.3% respectively during the period FY16-FY20. It is expected to grow with the CAGR of 23.0-24.0% during the period FY20-FY23. SFBs’ share in total banking industry has increased from 0.3% in FY19 to 0.5% in FY20 in case of credit, and deposits share has increased from 0.6% in FY19 to 0.9% in FY20 and reporting offices share has increased from 1.5% in FY19 to 2.8% in FY20.
FAQS ON CAPITAL SMALL FINANCE BANK UNLISTED STOCK
Q1) Is Capital Small Finance Bank Limited listed or unlisted Share?
Capital Small Finance Bank Limited is an unlisted Share
Q2) What are the main products and services of Capital Small Finance Bank Limited?
The main products and services provided by Capital Small Finance Bank are loans, money transfers, deposits, savings and current account
term deposits, insurance, and forex services.
Q3) What is the scrip name of Capital Small Finance Bank Limited?
The scrip name of Capital Small Finance Limited is CSFBL.
Q4) What are the prospects of Capital Small Finance Bank Limited?
The Indian microfinance market is expected to grow at a CAGR of more than 40 % which indicates bright prospects
for the entire microfinance industry and Capital Small Finance Bank Limited as well.
Q5) What is the capital small finance bank share price today?
To know the capital small finance bank share price today, you can simply log in to wwipl.com or contact us
