Equitas Small Finance Bank Limited — Important, 04-07-2025: General Updates

Equitas Small Finance Bank has announced a board meeting to discuss the financial results for the quarter and half-year. Gross advances marginally grew QoQ to Rs. 38,034 Cr, up 9% YoY, driven by non-microfinance loans (+18% YoY), while microfinance loans declined 34% YoY. Deposits rose 3% QoQ to Rs. 44,379 Cr with CASA up 5% QoQ, maintaining a 29% ratio. Asset quality showed rising net slippages overall at 4.35%, led by microfinance at 19.75%. Collection efficiency remained strong near 98%, indicating stable repayments despite rising slippages. Unsecured advances constitute 10% of total advances.