Equitas Small Finance Bank Limited — Updates, 08-08-2025: Press Release
08-08-2025 | 02:13 pm
08-08-2025 | 02:13 pm
Equitas Small Finance Bank announced its quarterly financial results, reporting a 224 Cr loss due to a one-time 330 Cr additional provision for Microfinance and changed NPA norms. Gross advances grew a muted 8% YoY, though Non-Microfinance saw 18% growth. Deposits showed robust 18% YoY growth, with Retail TD up 20% to 19,354 Cr. Asset quality improved, with GNPA at 2.82% and NNPA at 0.95%. Vehicle Finance portfolio crossed 9,500 Cr. A 500 Cr Tier II capital raise in July further strengthens the bank's CAR.
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