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Insights

Expansion through mergers North East Small Finance Bank has demonstrated a trend of expanding its market presence through mergers, such as the recent merger with Getsliceapp. This strategy opens up opportunities for cross-selling products and services to new customer bases acquired through mergers.

Diversified product offerings The launch of enhanced fixed deposit schemes by North East Small Finance Bank indicates a commitment to diversify its product portfolio. This presents an opportunity for sales professionals to promote these new offerings to existing customers and attract potential clients looking for innovative banking solutions.

Key personnel appointments The appointment of experienced executives like Satish Kumar Kalra as interim Managing Director and Chief Executive Officer, and Shrimohan Yadav as an Independent Director, can be leveraged by sales teams to build relationships with key decision-makers and explore business opportunities within the organization.

Asset sale for capital optimization The sale of stressed loans to Edelweiss Asset Reconstruction Company for $60.2M showcases North East Small Finance Bank's focus on optimizing its capital structure. This strategic move frees up capital that could potentially be reinvested in new ventures or utilized for business expansion, creating a window for financial service providers to offer their solutions.

Rural market penetration With a mission to extend banking services to rural areas and empower local communities, North East Small Finance Bank presents a sales opportunity to companies specializing in rural-focused solutions. Collaborating with NESFB can enable sales professionals to tap into the untapped rural market and tailor products/services to meet the financial needs of these regions.

Similar companies to North East Small Finance Bank

North East Small Finance Bank Tech Stack

North East Small Finance Bank uses 8 technology products and services including Google Analytics, Font Awesome, AOS, and more. Explore North East Small Finance Bank's tech stack below.

  • Google Analytics
    Analytics
  • Font Awesome
    Font Scripts
  • AOS
    Javascript Libraries
  • Google Maps
    Maps
  • Windows Server
    Operating Systems
  • PHP
    Programming Languages
  • Google Tag Manager
    Tag Management
  • IIS
    Web Servers

Media & News

North East Small Finance Bank's Email Address Formats

North East Small Finance Bank uses at least 1 format(s):
North East Small Finance Bank Email FormatsExamplePercentage
First.Last@nesfb.comJohn.Doe@nesfb.com
98%
FirstMiddle.Last@nesfb.comJohnMichael.Doe@nesfb.com
1%
First.Middle@nesfb.comJohn.Michael@nesfb.com
1%

Frequently Asked Questions

Where is North East Small Finance Bank's headquarters located?

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North East Small Finance Bank's main headquarters is located at 1st & 3rd Floor Beltola Guwahati, Assam 781028 IN. The company has employees across 5 continents, including AsiaEuropeNorth America.

What is North East Small Finance Bank's official website and social media links?

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North East Small Finance Bank's official website is nesfb.com and has social profiles on LinkedIn.

How much revenue does North East Small Finance Bank generate?

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As of October 2024, North East Small Finance Bank's annual revenue reached $750M.

What is North East Small Finance Bank's NAICS code?

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North East Small Finance Bank's NAICS code is 52211 - Commercial Banking.

How many employees does North East Small Finance Bank have currently?

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As of October 2024, North East Small Finance Bank has approximately 1K employees across 5 continents, including AsiaEuropeNorth America. Key team members include Chief People Officer: T. S.Chief Manager: A. S. C.Chief Manager - Hr: A. K.. Explore North East Small Finance Bank's employee directory with LeadIQ.

What industry does North East Small Finance Bank belong to?

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North East Small Finance Bank operates in the Banking industry.

What technology does North East Small Finance Bank use?

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North East Small Finance Bank's tech stack includes Google AnalyticsFont AwesomeAOSGoogle MapsWindows ServerPHPGoogle Tag ManagerIIS.

What is North East Small Finance Bank's email format?

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North East Small Finance Bank's email format typically follows the pattern of . Find more North East Small Finance Bank email formats with LeadIQ.

How much funding has North East Small Finance Bank raised to date?

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As of October 2024, North East Small Finance Bank has raised $3.4M in funding. The last funding round occurred on Mar 08, 2023 for $3.4M.

When was North East Small Finance Bank founded?

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North East Small Finance Bank was founded in 2016.
North East Small Finance Bank

North East Small Finance Bank

BankingAssam, India1001-5000 Employees

North East Small Finance Bank Limited is the wholly owned subsidiary of RGVN (North East) Microfinance Limited. The only institution from North-Eastern state of India to receive “In-principle approval” to set up Small Finance Bank from Reserve Bank of India on September 16, 2015. NESFB primarily focuses in North East India, creating & facilitating better livelihood opportunities and banking services at their doorsteps, thus making North East, a financially included region. The bank has more than 155 Branch Network spread across nine states including eight states from the Northeast and West Bengal (North Bengal) with a portfolio outstanding of INR 1089 crore, touching & improving lives of over 5.21 Lakh clients.

North East Small Finance Bank Limited came into existence in 17th Oct 2017. Some of the most reputed organizations in India and abroad viz. SIDBI Venture Capital Limited (Samirdhi Fund), M/s RNT Associates Private Limited, M/s PI Venture LLC, Norwegian Micro Finance Initiative, M/s Dia Vikas Capital and IDBI Bank have expressed their confidence and invested in the bank.

In June 2018, Tata Trust’s Chairman Ratan Tata and Assam's Finance Minister Himanta Biswa Sarma formally launched the retail banking business. The company intends to extend its services and products to the doorstep of the customer in rural areas.

Section iconCompany Overview

Headquarters
1st & 3rd Floor Beltola Guwahati, Assam 781028 IN
Website
nesfb.com
NAICS Code
52211 - Commercial Banking
Founded
2016
Employees
1001-5000

Section iconFunding & Financials

  • $3.4M

    North East Small Finance Bank has raised a total of $3.4M of funding over 1 rounds. Their latest funding round was raised on Mar 08, 2023 in the amount of $3.4M.

  • $100M$1B

    North East Small Finance Bank's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $3.4M

    North East Small Finance Bank has raised a total of $3.4M of funding over 1 rounds. Their latest funding round was raised on Mar 08, 2023 in the amount of $3.4M.

  • $100M$1B

    North East Small Finance Bank's revenue is in the range of $100M$1B

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