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{{Short description|Indian small finance bank}}
{{Multiple issues|
{{Notability|Companies|date=May 2021}}
{{Fan POV|date=May 2021}}
}}
{{Use dmy dates|date=October 2023}}
{{Use Indian English|date=June 2022}}
{{Infobox company
| name = Capital Small Finance Bank Limited
| logo = File:Capital_Small_Finance_Bank_Logo.png
| logo_caption =
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NSE|CAPITALSFB}}|{{BSE|544120}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE646H01017}}
| industry = [[Financial services]]
| predecessor = Capital Local Area Bank
| founded = {{start date and age |2000}}, licensed in 2016
| hq_location_city = [[Jalandhar]]
| hq_location_country = India
| area_served = India
| key_people = {{ubl|Madan Gopal Sharma <br> (Chairman)| Sarvjit Singh Samra (managing director & CEO)<br> Munish Jain (CFO)}}<ref>{{Cite web|title=Buy Sell Capital Small Finance Bank Limited Unlisted Shares – 3Adeal|url=https://3adeal.com/banks-en/capital-small-finance-bank-limited/|access-date=2021-03-24|website=3adeal.com|archive-date=18 January 2021|archive-url=https://web.archive.org/web/20210118125645/https://3adeal.com/banks-en/capital-small-finance-bank-limited/|url-status=dead}}</ref><ref>{{Cite web|title=Buy Sell Capital Small Finance Bank (SFB) Unlisted Shares – Share Price|date=4 February 2019 |url=https://unlistedzone.com/shares/buy-sell-share-price-capital-small-finance-bank-sfb-unlisted-shares/|access-date=2021-03-24|language=en-US}}</ref>
| website = {{URL|https://www.capital.bank.in}}
}}

'''Capital Small Finance Bank''' (formerly Capital Local Area Bank) is an Indian first [[small finance bank]] founded in April 2016, with its headquarters in [[Jalandhar]], India.<ref>{{Cite news|last=Gera|first=Komal Amit|date=25 April 2016|title=India's first small finance bank launched|work=Business Standard India|url=https://www.business-standard.com/article/economy-policy/india-s-first-small-finance-bank-launched-116042500032_1.html|access-date=2021-03-24}}</ref><ref>{{Cite news|last=Acharya|first=Namrata|date=9 August 2016|title=Small finance banks to woo depositors with better rates|work=Business Standard India|url=https://www.business-standard.com/article/finance/small-finance-banks-to-woo-depositors-with-better-rates-116080800642_1.html|access-date=2021-03-24}}</ref><ref name=":0">{{Cite web|title=Profile – Capital Small Finance Bank|url=https://www.capitalbank.co.in/profile|access-date=2021-03-24|website=www.capitalbank.co.in|archive-date=7 May 2021|archive-url=https://web.archive.org/web/20210507042950/https://www.capitalbank.co.in/profile|url-status=dead}}</ref><ref>{{Cite web|last=Network|first=BFSI|title=Capital Local Area Bank to be India's first small area finance bank – BFSI|date=8 March 2016 |url=https://bfsi.eletsonline.com/capital-local-area-bank-jalandhar-to-be-indias-first-small-finance-bank/|access-date=2021-03-24|language=en-GB}}</ref>

== History ==
Founded in 2000, Capital Local Area Bank was primarily operational in some districts of Punjab, including [[Jalandhar]], [[Kapurthala]], and [[Hoshiarpur]] until 2013. After 2013, the bank expanded its operations in [[Ludhiana]] and [[Amritsar]]. As of June 2016, the bank was operating through its 76 branches.<ref>{{Cite web|last=Sharma|first=Sahib|date=7 July 2016|title=Capital Small Finance Bank plans 220 branch network in North India by FY 2021|url=https://www.livemint.com/Industry/qT04r9KuGe7sfb7D7MyBiP/Capital-Small-Finance-Bank-plans-220-branch-network-in-North.html|access-date=2021-03-24|website=mint|language=en}}</ref>

After providing in principle approval in September 2016, [[Reserve Bank of India|RBI]] granted the license to Capital Local Area Bank under Section 22(1) of the [[Banking Regulation Act, 1949]] in 2016 and it started to operate from 24 April 2016 under the new brand name of Capital Small Finance Bank as the first Small finance bank of India.<ref>{{Cite web|title=First small finance bank begins operations|url=https://www.thehindubusinessline.com/money-and-banking/first-small-finance-bank-begins-operations/article8528965.ece|access-date=2021-03-24|website=@businessline|date=27 April 2016 |language=en}}</ref><ref>{{Cite web|last=Bandyopadhyay|first=Tamal|date=6 February 2017|title=Big challenges before small finance banks|url=https://www.livemint.com/Opinion/15VqxfZbstYuERy8yp19WN/Big-challenges-before-small-finance-banks.html|access-date=2021-03-24|website=mint|language=en}}</ref><ref>{{Cite news|last=Chakraborty|first=Somasroy|date=22 July 2014|title=KBS Local Area Bank may become a small bank|work=Business Standard India|url=https://www.business-standard.com/article/finance/kbs-local-area-bank-may-become-a-small-bank-114072100267_1.html|access-date=2021-03-24}}</ref><ref>{{cite news |last1=Gregory |first1=Samuel |title=Wealth management |url=https://www.instagram.com/x.moneylead |access-date=17 January 2024}}</ref> On the foundation day, Capital Small Finance Bank opened 10 new branches to the existing 49 branches of Capital Local Area Bank. As of March 2021, the bank has a total of 158 operational branches.<ref name=":0" />

In June 2019, the bank raised 430 million fund from Amicus Capital<ref>{{Cite web|last=Saxena|first=Ridhima|date=9 July 2019|title=Capital Small Finance Bank raises ₹43 crore from Amicus Capital|url=https://www.livemint.com/industry/banking/capital-small-finance-bank-raises-43-crore-from-amicus-capital-1562685110344.html|access-date=2021-03-24|website=mint|language=en}}</ref> and in November, it raised 84 Crore fund as Oman India Joint Investment Fund bought 10% share of the bank.<ref>{{Cite web|last=Saxena|first=Ridhima|date=26 November 2019|title=Capital Small Finance Bank raises ₹84 crore from OIJIF|url=https://www.livemint.com/industry/banking/capital-small-finance-bank-raises-84-crore-from-oijif-11574775491481.html|access-date=2021-03-24|website=mint|language=en}}</ref><ref>{{Cite news|title=OIJIF picks up 10% stake in Capital SFB for ₹84 crore|url=https://www.thehindubusinessline.com/money-and-banking/oijif-picks-up-10-stake-in-capital-sfb-for-84-crore/article30089180.ece|access-date=2022-06-11|date=26 November 2019|newspaper=The Hindu Business Line|language=en}}</ref>

== See also ==
{{Portal|Banks}}
* [[List of banks in India]]
* [[Reserve Bank of India]]
* [[Small finance bank]]

== References ==
{{reflist}}

{{Banking in India}}

[[Category:Small finance banks]]
[[Category:Banks established in 2000]]
[[Category:Indian companies established in 2000]]
[[Category:Private sector banks in India]]
[[Category:2000 establishments in Punjab, India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Capital Small Finance Bank - Revision history

Viji at 08:55, 5 March 2026