Equitas Small Finance Bank Limited — Updates, 22-07-2025: Press Release

Equitas Small Finance Bank launched new offerings for NRIs and seafarers. The FCNR(B) Deposit in USD offers tax-free interest, full repatriation, and no forex risk for wealth growth. The Equitas Explorer Savings Account, tailored for seafarers, provides a ₹1 Cr air accident insurance, ₹0.02 Cr home contents insurance, and discounted locker rentals. It requires ₹0.01 Cr Average Monthly Balance or ₹0.10 Cr Total Relationship Value. These specialized products aim to expand Equitas SFB's reach in niche segments and attract deposits from the global Indian workforce.