Canara Robeco Mutual Fund trimmed its stake in Equitas Small Finance Bank Limited from 2.43% to 2.06%, selling 42,29,748 shares.
A small finance bank providing comprehensive financial services across microfinance, vehicle finance, housing finance, and SME lending to underserved customers throughout India. Established through the merger of multiple subsidiaries under Equitas Holding Ltd, which began operations in the microfinance sector in 2007 and subsequently diversified into housing and vehicle finance. The bank received its license in September 2016 and operates as a regulated financial institution serving India's retail and small business segments.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.
