Equitas Small Finance Bank Limited — Important, 12-05-2025: Updates

Equitas Small Finance Bank has announced a board meeting on April 30 and approved the financial results for the quarter and half-year. Net profit declined sharply to ₹147 Cr from ₹799 Cr due to margin pressures and higher provisions. Gross NPA rose to 2.89%, while net NPA improved slightly to 0.98%. Deposits grew to ₹43,107 Cr and advances to ₹36,021 Cr, showing steady business growth. The bank raised ₹500 Cr in Tier II capital and made a ₹180 Cr floating provision. New secretarial auditors appointed for five years.