28 Oct 2025 | 5 Mins Read
RBI rejects proposal to boost stake in EASF Small Finance Bank
Flipitmoney
ESAF Small Finance Bank Ltd received a communication from the RBI stating that Dia Vikas Capital Pvt Ltd's proposed excess share acquisition cannot be acceded to, as it would change promoter shareholding significantly. The bank is evaluating the implications and considering alternative options under RBI Bank Ownership Directions. Shares of ESAF Small Finance Bank traded 3.46% lower at ₹28.50.