Equitas is run by directors and owned by four trustees who hold the shares on behalf of those who reinsured their liabilities into it. The company has three wholly-owned subsidiaries Equitas Micro Finance (EMFL), Equitas Finance (EFL) and Equitas Housing Finance (EHFL). It is engaged in extending micro credit to people who are otherwise unable to access finance from the mainstream banking channels. The company's core business is financing micro-entrepreneurs with limited access to formal credit channels. However, the … Equitas Holdings Limited (EHL) the holding company of the Equitas Group of Companies is a Non-Deposit taking - Systemically Important - Core Investment Company (ND SI - CIC) as per RBI Regulations. intuitive desktop and mobile interface. Equitas Small Finance Bank Limited; Equitas Technologies Private Limited Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. After receiving license from the Reserve Bank of India on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank. Equitas Holdings Limited (EHL) is the holding company. Equitas is a holding company and operates through its three subsidiaries — Equitas Microfinance, Equitas Finance (engaged in vehicle and MSE lending) and Equitas … About Equitas Holdings Ltd. Equitas Holdings Limited (EHL) is the holding company. Equitas Small Finance Bank Limited; Equitas Technologies Private Limited The Reserve Bank lifted the restrictions on Equitas … It is engaged in extending micro credit to people who are otherwise unable to access finance from the mainstream banking channels. Equitas Holdings -- that got listed in April 2016-- is the holding company of Equitas Small Finance Bank. Screen for heightened risk individuals and entities globally to help uncover hidden risks in business relationships and human networks, Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology, The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs, The industry leader for online information for tax, accounting and finance professionals. Equitas Holdings Limited (EHL) is the holding company. ²Ÿd²6¨%”e‰2 ùFkڊÒw`E±ÕÉSv¦iÀn•%¾Tïac`Rʈ’•[?“Ӎ¡Eõ­„HbV:f`ß!ýÙ¤Eˆ2Îr§´À„„pºà'%L&ú” ?Áʍ\º©¯ž û¾UÓ57 xšªE‹]wK`õe @+ÝzW×)¼*]kl{å{é/9wõw‰þøðÿš¾êpðe~—Ä€±g ÿ»C×Ä$rŸâÉòfWñˆKƒ€ÕB3¿a2¦"@]ªù%®.P*u…QAfy%-b”M s5ŒF9ùkø[$‹ë#ÑúØÇö¬ªÏg+¥ˆE?í+P]13Uiò°Cՙ÷ÅQ– ý­¼÷róÌÙ,>™†ý}?²ð¬À. © Equitas Holdings Ltd. All Rights Reserved. It provides term deposits, and current and savings accounts; … Equitas Holdings Private Limited is a rapidly growing and well performing holding company with total assets of US$335 mln (30th June 2013). Information, analytics and exclusive news on financial markets - delivered in an The RBI lifted the restrictions on Equitas Small Finance Bank subsequent to the listing of its equity shares, Equitas Holdings said in a BSE filing. Equitas Small Finance Bank announces Indian Cricketer Ms. Smriti Mandhana as New Brand Ambassador, by our subsidiary, Equitas Small Finance Bank Limited. The Company also offers micro loan against property, business loans, gold loans, etc. Equitas Small Finance Bank – the banking subsidiary of Equitas Holdings – listed at a discount to the IPO price of ₹33 per share on Monday. Log In. &7Øì,¸|w¶2lÝ!Éð4-böå$q$‰=3-d,ÒmªN’Dæ Ë/NåI²קåÅiXrºÀÛç9ÝN‘0^ÐÛïçã}vÿ.©•’~âcxURKÐ 5œg§©å2Á—°!ÏNp+ISz’ðS–m5‰KõLÓù 8=DÄl˄ssé`È»ÿþŠ8e®þž¢4|ÿºhÁÃWÜ \я Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India. Equitas Holdings (EHL) is a Chennai based diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels. Equitas Holdings - Intimation About Subsidiary - Press Release English. Hindi; Gujarati; App Subscription. .—h–ð|ŸãW‚YÁcÎ\t>'.rF ÎÊâkHʊœYÌl6)KAÏ+Z}ÁÊâmÏ)ã'dJõ“ú'ƒ;ghаUÉNÌçh„ÊD5 Feedback. Apart from investments in the … Subsidiaries . It accepts current and savings accounts, and term deposits; and offers micro finance loans, vehicle finance, housing finance, micro and small enterprises loans, agri loans, gold loans, business loans, etc. See here for a complete list of exchanges and delays. The IPO … The Micro Finance segment consists of micro financing. Equitas Holdings (EHL) is a Chennai based diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels. Specials Stocks. The company is the holding company of its subsidiaries Equitas Small Finance Bank Limited (ESFBL) and Equitas Technologies Private Limited (ETPL). According to its 2016 reported accounts, it holds total assets and total liabilities of £4.768 billion, of which £3.877 billion is allocated to liabilities in the United States. Equitas Holdings Limited has informed the Exchange regarding Press Release Dated November 6, 2020 1. It also provides finance for the purchase of used commercial . Equitas Holdings Ltd soared 19.96% to Rs 63.4 at 11:47 IST. The company is the holding company of its subsidiaries Equitas Small Finance Bank Limited (ESFBL) and Equitas Technologies Private Limited (ETPL). Purpose and Scope: The following shall be the Policy for determining ‘Material’ Subsidiaries of Equitas Holdings Limited (‘Company’). Equitas Holdings (EQUITAS) buy sell technical analysis & forecast predictions with share price targets for today short term. Sign Up. Equitas Holdings provides microfinance, used commercial vehicle finance, and housing finance services in India. Phase II4th Floor, Spencer Plaza, No.769CHENNAI     600002 Equitas Holdings - Intimation About Subsidary-Update On Licensing Conditions And Lifting Of Regulatory Restrictions Of Company'S Subsidiary Equitas Small … The Company is engages in the businesses through its subsidiaries: Equitas Micro Finance Limited (EMFL), which … The Company is engages in the businesses through its subsidiaries: Equitas Micro Finance Limited (EMFL), which is engaged in micro finance; Equitas Finance Limited (EFL), which provides used commercial vehicle (UCV) loans, micro and small and enterprise (MSE) finance, and others; Equitas Housing Finance Limited (EHFL), which is engaged in affordable housing loans and micro housing loans, and Equitas Technology Private Limited (ETPL), which offers technology platform for freight, logistics, carriers and related services. †#¿féÆK‰jLY¹ùñ~¬ú¨* Equitas Technologies Private Limited (ETPL), a Company registered under the Companies Act, 2013 engaged in the business of freight aggregation. ... ( Issue or IPO ) of equity shares of our Subsidiary Equitas Small Finance Bank and consequent reduction in number of equity shares held by the Company in Equitas Sma - NEWS as on 2020-10-30 . The company has the following Wholly Owned Subsidiaries: Equitas Small Finance Bank Limited, licensed under Section 22 of the Banking Regulations Act, 1949 to carry on the business of Small Finance Bank. Access to real-time, reference, and non-real time data in the cloud to power your enterprise. The Other Finance segment consists of housing finance and vehicle finance. The company operates in Banking and Finance, and Others segments. b럜LîþgÏ+:OöŒý¹å#æ\ќÇù—“”z )µ­è4N2 ŠAC|‡*†âÁA“cë¶Èc™8º 𞮗À•Ãz¶‰aÉã”;ü.‹Gý?`!Ðú¨#Ռ.’à Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: All quotes delayed a minimum of 15 minutes. Equitas Holdings Ltd. on Monday said the Reserve Bank of India has lifted the restrictions imposed on its small finance bank subsidiary in September last year. EQUITAS HOLDINGS LIMITED Policy for determining ‘Material’ Subsidiary 1. Equitas Small Finance Bank is a small finance bank founded in 2007 by Equitas as a microfinance lender, with headquarters in Chennai, India.After receiving license from the Reserve Bank of India (RBI) on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank. At 9:43 am, Equitas Holdings and IDFC were up 20 per cent each, at Rs 63.40 and Rs 40.10, respectively, while Ujjivan Financial Services jumped 15 … Equitas Small Finance Bank Launches EVA - a Unique Savings Account aimed at Women and 2. The stock was the biggest gainer in the BSE's 'A' group. The brokerage said it is seeing diverging performance for small finance bank shares leading to holding company discount for Equitas Holdings declining to below 30% from around 45-50% levels since listing of the small finance bank. MUMBAI: Shares of Equitas Holdings, IDFC and Ujjivan Financial Services jumped on Monday, as analysts suggested that the Reserve Bank of India’s internal working group’s proposals may cut holding company discounts for these companies. EQUITAS TECHNOLOGIES PRIVATE LIMITED. P: +9144.42995000F: +9144.42995050. Equitas Holdings Private Limited, through its subsidiaries, provides microfinance, used commercial vehicle finance, and housing finance services in India. 144, a premium of 30.9% over its issue price of Rs 110 per share without seeing any participation from the foreign shareholders. The company is also highly committed to environmental, social and governance issues. Subsidiaries . Mumbai: Kotak Institutional Equities recommends buying holding companies given the current valuations and large holding company discount. Equitas Holdings on Monday said RBI has lifted the restrictions imposed on its small finance bank subsidiary in September last year. Equitas Holdings Limited has informed the Exchange regarding 1. The Company also provides loans to subsidiaries and corporate guarantees for the borrowings of subsidiaries from banks and institutions. The Company's segments include Micro Finance, Other Finance and Others. The Equitas group comprises the holding company, Equitas, and Equitas' three wholly owned subsidiaries-one each for microfinance (Equitas Microfinance Ltd. [EMFL]); vehicle finance, loan against property (LAP), and small and medium enterprise (SME)-LAP (Equitas Finance Ltd [EFL]); and housing finance (Equitas Housing Finance Ltd [EHFL]). 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