Capital Small Finance Bank Limited
Edelweiss Life Insurance decreased its stake in Capital Small Finance Bank Limited from 3.53% to 2.97%, selling 2,50,000 shares for ₹7.27 Cr at ₹291.05 apiece.
India's first Small Finance Bank, Capital Small Finance Bank operates as a regulated financial institution focused on serving underbanked and unbanked populations across the country. The bank provides retail banking services including deposits, loans, and digital payment solutions to small businesses, micro-enterprises, and individual customers. Its distinctive approach combines financial inclusion with sustainable banking practices, targeting segments traditionally underserved by conventional banks in India's financial ecosystem.
Formerly Edelweiss Tokio Life, the Edelweiss group life insurer with annual premium income of around Rs 2,100 crore. Smaller and nimbler than peers, which lets it concentrate positions in mid and smallcap names where larger insurers cannot move the needle. Active equity participant through ULIP and traditional fund mandates.