Capital Small Finance Bank

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• Capital Small Finance Bank(CSFB) Limited provides a range of banking and financial products and services. They operates through Treasury, Corporate / Wholesale Banking, Retail Banking, and Other Banking Operations segments. It offers current and savings accounts, and term deposits, mortgage loans against properties; financing services to commission agents; loans against rentals; general credit card schemes; and credit cards, as well as schemes for SMEs.
• The bank's core strategy is to build a robust retail focused banking franchise by enabling access to affordable credit in the states,  they operate with special emphasis on rural and semi-urban areas. 
• As of June 30, 2023, the company was present in five states and one union territory with 172 branches and 174 ATMs with 76.1% of  branches located in rural
  and semi-urban areas covering 24 districts and 75.9% of the total customers (both credit and deposit)
  
• They focus primarily on the middle-income customer segments i.e., customers with an average annual income of INR 0.4 mn to INR 5 mn.
• CSFB operates on a branch-based model. Headquartered in Jalandhar, Punjab, they have over the years expanded our SFB operations strategically in the north Indian states.
• It is backed by institutional finance investors such as HDFC Standard Life insurance, Pi Ventures LLP, Amicus Capital Partners, ICICI prudential life, SIDBI and Oman India joint investment fund.
• CSFB started operations as India's 1st Small Finance Bank on April 24, 2016 after conversion from Capital Local Area Bank, and is among the leading SFBs in India in terms of asset quality, cost of funds, retail deposits and CASA deposits for Fiscal 2021. Prior to conversion to a Small Finance Bank, Capital Local Area Bank was operating as India's largest local area bank since January 14, 2000.