ESAF Small Finance Bank Limited
Bajaj Allianz Life Insurance has vanished from ESAF Small Finance Bank Limited's latest list of major shareholders. The insurance company either cleared out its 1.22 percent stake entirely or trimmed the position below the 1 percent reporting threshold.
A small finance bank providing comprehensive micro, retail, and corporate banking services across India. ESAF Small Finance Bank delivers debit cards, third-party financial product distribution, treasury services, and permitted foreign exchange operations to underserved customer segments. Established in 1992, the bank combines traditional banking with para-banking activities to support diverse financial needs of individuals and businesses throughout the country.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.