Equitas Small Finance Bank Limited — Board Meeting, 31-01-2025: Outcome of Board Meeting
31-01-2025 | 01:41 pm
31-01-2025 | 01:41 pm
The Board of Directors of Equitas Small Finance Bank has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Key highlights include:
- Total income reached ₹5353.80 Cr.
- Interest earned was ₹4667.75 Cr, while other income totaled ₹686.05 Cr.
- Operating profit before provisions stood at ₹1029.68 Cr.
- Net profit for the period was ₹1064.94 Cr.
- The Bank raised ₹500 Cr in Tier II capital during the period.
These results reflect a strong performance, underscoring the Bank's growth trajectory in the competitive finance sector.
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