Business

Fincare launches its first branch in Pune

ST CORRESPONDENT

Pune: Fincare Small Finance Bank (Fincare SFB) announced the launch of its first branch in Pune at Swargate on Monday. They have 570 branches all over India spread across 12 states and one Union territory. Fincare SFB also launched Auto Sweep-in Sweep-out current account. 

The bank started operations in 2017 and has over 15.5 lakh customers. On the asset side, the bank provides loan against gold, property, housing loans and two-wheeler loans. 

Fincare SFB Managing Director and CEO Rajeev Yadav said, “Pune serves as an important banking city for us, being the eighth-largest metropolitan economy. Launching our operations in Pune is part of Fincare’s expansion plan to further strengthen our presence in  Maharashtra.”

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