In the private placement, PNB MetLife India Insurance Co Ltd and ESAF Multi-State Co-operative have taken a stake of 4.99 per cent each in ESAF Small Finance Bank (SFB), the company said in a statement.
With the infusion of additional capital, the net worth of the bank has increased to Rs 807 crore and the CRAR to 27.9 per cent, ESAF said.
He said the infusion reflects the confidence in the company's continued growth and profitability.
ESAF said it has accumulated Rs 3 billion worth deposits in the first half of the financial year and has added 2.5 million customers.
With 2 million borrowers, the bank has accumulated 4.4 billion in loans and advances, it added.
The bank currently has 422 banking outlets, which include 297 ultra-small branches and 125 new retail banking outlets spread across 11 states in India.
(With inputs from agencies.)