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Equitas Small Finance Bank LimitedBoard Meeting, 08-08-2025: Outcome of Board Meeting

08-08-2025 | 01:55 pm

Equitas Small Finance Bank has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025. The bank reported a net loss of ₹223.78 Cr, largely impacted by substantial additional provisions totaling ₹293.20 Cr. These provisions include ₹148.50 Cr for standard assets in stressed sectors and ₹144.70 Cr for NPAs in Micro Finance, Vehicle Finance, and Small Business Loans, aimed at strengthening coverage. Separately, the bank successfully issued ₹500 Cr worth of unsecured Tier II bonds on July 31, 2025, post-quarter end.

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