Capital Small Finance Bank Ltd. Company History and Annual Growth Details

Our Bank was incorporated as ‘Capital Local Area Bank Limited’ on May 31, 1999 at Phagwara district Kapurthala, Punjab, as a public limited company under the Companies Act, 1956, and was granted a certificate of incorporation by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. The name of our Bank was subsequently changed to ‘Capital Small Finance Bank Limited’ pursuant to a shareholders’ resolution dated April 2, 2016, to reflect the change in status of our Bank from a local area bank to a small finance bank pursuant to Reserve Bank of India approval dated March 4, 2016, and a fresh certificate of incorporation was granted by the RoC on April 15, 2016. Our Bank commenced its business pursuant to a certificate of commencement of business issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh dated August 12, 1999.

Major events and milestones:

1999

Incorporation of the Bank and started operations as a local area bank in Jalandhar, Kapurthala and Hoshiarpur as a local

area bank

2011

Total business of our Bank crossed ? 10,000 million

2013

The Bank expanded operations in two additional districts of Ludhiana and Amritsar which expanded the outreach of the Bank to five districts

2016

-Launched operations as a small finance bank;

-Total business of our Bank crossed ? 25,000 million

2017

Investment of ? 646.65 million raised through private placement

2018

The total number of branches of our Bank crossed 100

2019

Total business of our Bank crossed ? 60,000 million

2021

-The total number of customers of our Bank reached 0.6 million

-Total business of our Bank crossed ? 89,500 million

2022

Share of digital transactions in non-cash transactions increased to 71%

2023

-Net profit of our Bank crossed ? 935.96 million registering a growth of 50% over the previous Financial Year;

-Total business of our Bank crossed ? 120,000 million