Equitas Small Finance Bank sees 13% rise in gross loan portfolio


Equitas Small Finance Bank sees 13% rise in gross loan portfolio

“The demand for loans from the informal sector borrowers continues to remain very strong," managing director PN Vasudevan said.

More than two months after the Reserve Bank of India made it mandatory for banks to reach out to customers before initiating standing debit instructions, lenders continue to see high decline rates as many merchants are yet to sign up for auto-debit services.


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