Equitas Small Finance Bank Ltd., commonly known as EquitasBank, is a small finance bank based in Chennai, India. The bank was incorporated in 2007 and was initially known as Equitas Micro Finance India Pvt. Ltd.

It started its operations as a microfinance institution, offering small loans to low-income individuals and self-help groups. EquitasBank obtained a license from the Reserve Bank of India (RBI) to operate as a small finance bank in 2016. This allowed the bank to expand its services and offer a wider range of banking products to its customers.

EquitasBank is known for its focus on financial inclusion and aims to provide banking services to underserved and unserved customers, including individuals in rural areas and small business owners. The bank's headquarters are located in Chennai, Tamil Nadu, India. EquitasBank operates through a network of branches and digital channels, providing a range of products and services to its customers.

The bank offers savings accounts, current accounts, fixed and recurring deposits, loans, and various other banking services. It also provides services such as remittances, insurance, and mutual fund investments. In terms of global operations, EquitasBank primarily focuses on serving customers within India.

However, it is actively exploring opportunities for international expansion and has plans to expand its presence in countries such as UAE, Bangladesh, and Sri Lanka. The bank has formed strategic alliances and partnerships with various organizations to enhance its reach and offerings. EquitasBank has also launched subsidiaries such as Equitas Finance and Equitas Housing Finance to cater to specific customer segments.

EquitasBank has achieved significant growth since its inception. It has a strong market position in India, particularly in the small finance bank sector. The bank has received numerous awards and recognitions for its contribution to financial inclusion and for its innovative products and services.

As of the latest available information, EquitasBank is continuing to expand its presence and offerings. It has been focusing on digital banking solutions and enhancing customer experience through technology. The bank has also recently completed an initial public offering (IPO) in 2020, further strengthening its financial position and supporting its future growth plans