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ESAF Small Finance Bank LimitedImportant, 16-05-2025: General Updates

16-05-2025 | 06:45 pm

ESAF Small Finance Bank has announced a board meeting on May 16, 2025, and approved the financial results for the quarter and half-year. The bank posted a net loss of Rs. 521.39 Cr versus a profit of Rs. 425.57 Cr last year, impacted by a Rs. 58 Cr one-time compensation cost related to absorbing staff. Asset quality weakened as gross NPA rose to 6.87% from 4.76%. Advances held steady around Rs.18,028 Cr; deposits increased to Rs. 23,276 Cr, with strong capital adequacy at 21.84%.

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