Which of the following is the first Small Finance Bank in India?

The correct answer is option 3, i.e. Capital Small Finance Bank.

• Capital Small Finance Bank Limited started operations as India's 1st Small Finance Bank on April 24, 2016 after conversion from Capital Local Area Bank. Prior to conversion to a Small Finance Bank, Capital Local Area Bank was operating as India's largest local area bank since January 14, 2000.
• The Bank pioneered in bringing modern banking facilities to the rural areas at low cost. 
• The Small Finance Bank (SFB) is a private financial institution intended to further the objective of financial inclusion by primarily undertaking basic banking activities of acceptance of deposits and lending to un-served and underserved sections including small business units, small and marginal farmers, micro and small industries and unorganised sector entities, but without any restriction in the area of operations, unlike Regional Rural Banks or Local Area Banks.
• The target group of SFBs are similar to that of Local Area Banks. They are required to extend 75 per cent of its Adjusted Net Bank Credit (ANBC) to the sectors eligible for classification as priority sector lending (PSL) by the Reserve Bank.
• At least 50 per cent of its loan portfolio should constitute loans and advances of upto Rs. 25 lakh.
• Tagline: Vishwas se Vikas tak
• Head Office: Jalandhar, Punjab