The plan is to strengthen financial inclusion across Central India.
Nagpur, NFAPost: ESAF Small Finance Bank Limited (“Bank”), a small finance bank with a focus on unbanked and under-banked customer segments, expanded its operations in Nagpur by opening its new regional office. This move marked a significant milestone for the Bank as it reinforces its vision to provide universal financial access throughout the country.
The newly inaugurated regional office will serve as a vital hub for the Bank’s operations across Maharashtra and Central India, enabling support and service delivery to customers in the region. This strategic expansion aims to establish a strong presence in West and Central India, further amplifying the Bank’s customer-centric approach.
The office was inaugurated by Sangeeta Lalwani, Regional Director, Reserve Bank of India. Ravimohan Periyakavil Ramakrishnan, Part-Time Chairman of the Bank inaugurated the ATM.
Confederation of All India Traders National President Balkrishna Bhartia, ESAF Small Finance Bank Executive Vice President – IT and Operations George Kalaparambil John, ESAF Small Finance Bank Executive Vice President – Network 2 Rest of India Hemant Kumar Tamta, ESAF Small Finance Bank Head, Marketing & PR Sreekanth C. K, ESAF Small Finance Bank Regional Nagpur Region Head Sanjeev Kumar Hotta and ESAF Small Finance Bank Zonal Head Sunil Jadhav also spoke during the event.
During the event, Ravimohan Periyakavil Ramakrishnan emphasised the pivotal role of the new office as a central hub for the bank’s operations, enabling enhanced support and service delivery to customers across Maharashtra and Central India.
“This expansion not only signifies a remarkable milestone for ESAF Bank but also demonstrates its vision to offer equal opportunities through universal financial access and inclusion and livelihood and economic development,” said ESAF Small Finance Bank Managing Director & Chief Executive Officer Kadambelil Paul Thomas.
He also added that the Bank remains dedicated to its mission of empowering unbanked and under-banked segments through financial inclusion, and the expansion in Nagpur is a testament to this unwavering commitment.
