ESAF small finance bank gets RBI nod to operate as scheduled bank

Kochi: ESAF small finance bank which received the first banking license in Kerala since independence has got RBI approval to operate as scheduled bank. 

This makes Thrissur-based ESAF small finance bank (SFB) the fifth scheduled bank from Kerala. ESAF micro finance institution, started in 1992, was one among the ten applicants to receive approval from RBI to start banking operations in 2016. 

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