Capital small finance bank on Tuesday generated an Rs. 84 crore equity from Oman India Joint Investment Fund (OIJIF). This investment now holds about 9.9% of the stake in the bank. Srinath S., Chief executive officer, Oman India Joint Investment Fund II said in an interview that the Capital Small finance bank is perfect to invest in. He said that the bank has a low-cost liability franchise, a high CASA ratio, diversified product profile, low GNPAs, and a competent management team. He also mentioned that investing in Capital finance is profitable for both the investor and the bank. He also emphasized the point that Capital small finance has shown tremendous growth in its two decades of operations.
While many small finance banks are suffering, the Capital small finance bank has made its mark. It is continuously stepping forward and acquiring investors thereby stabilizing its market and growing its customer reversibility. Their attractive and diverse product portfolio has managed to attract a huge number of customers and has made Capital small finance a leading name for a personal loan in the state of Punjab. Larger small finance banks are also now looking towards their growth and are planning for their public listings. Most of these small finance banks have managed to garner private investors for themselves to stay afloat in the market and comply with the RBI guidelines. SFBs, the likes of AU Small Finance Bank, Equitas Holdings Ltd. Ujjivan Financial services ltd. etc are continually trying to make their operations better.
June 2017, saw AU Small Finance Bank going public with an initial Rs. 1900 crore public offering, while SFBs like Equitas and Ujjivan went public in 2016. Capital Finance bank with this motive and investment is set to make a huge mark. Capital Small Finance Bank Personal loan is now trying to be the new leader in its original state, Punjab.
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