Indian microlender-turned-small finance bank Equitas plans IPO

Indian microlender-turned-small finance bank Equitas plans IPO

Visual from Equitas website

Chennai-based microfinance institution Equitas Holdings Ltd, which recently received in-principle approval from the Reserve Bank of India (RBI) to convert itself into a small finance bank, will file draft initial public offering (IPO) papers in the next few days, three people familiar with company’s plans said.

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