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About Fincare Small Finance Bank
Fincare Small Finance Bank is a financial institution that began operations on July 21, 2017, following the merger of Future Financial Services and Disha Microfin. The bank aims to enhance financial inclusion for unbanked and underbanked segments, including mass retail and micro and small enterprises. It was granted a license by the Reserve Bank of India to operate as a small finance bank in May 2017.
The bank offers a range of financial products and services, including microfinance loans for rural women and small businesses, MSME loans to support micro, small, and medium enterprises, and retail banking services for individuals in various markets. As of December 31, 2023, Fincare Small Finance Bank serves over 59 lakh customers and operates through 1,303 touchpoints across 20 states and 3 Union Territories in India. The bank reported a Gross Loan Portfolio of ₹13,352 crore and deposits of ₹9,734 crore by the end of December 2023.
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