Equitas Small Finance Bank Limited — Important, 04-01-2025: Updates

Total Gross Advances for Equitas Small Finance Bank as of December 31, 2024, stand at ₹37,345 Cr, reflecting a 13.94% increase year-over-year and a 3.58% quarter-over-quarter rise. Notably, the Non-Microfinance portfolio, now comprising 86% of total advances, has grown by 20% YoY, while Microfinance advances have declined by 11% YoY due to a strategic slowdown in disbursements. Collectively, deposits have risen to ₹40,738 Cr, a year-on-year growth of 25.79%. CASA deposits show a slight decrease, with the CASA ratio dropping to 29%. The bank has successfully raised ₹500 Cr through Tier II Bonds, resulting in a robust capital adequacy ratio exceeding 20%. The management anticipates improvements in collection efficiencies moving forward, suggesting a positive outlook as the stress in the microfinance sector shows signs of stability.