Equitas Keeps It Equitable—Strong Q1 Shows Balance Between Deposits and Credit

Equitas Small Finance Bank Ltd. (ESFB) has posted robust growth in its interim business update for the quarter ended June 30, 2025. The overall deposits of the bank increased 18.27% year-on-year, while gross advances were up 9.07% YoY, reflecting sustained momentum in its retail and small business lending business.

 

The update, submitted to the stock exchanges, reflects the bank's ability to focus on granular mobilization of deposits and diversification of credit growth even in a challenging macroeconomic environment.

 

Key Highlights (as of June 30, 2025)

Total Deposits

Gross Advances

CASA Ratio

CASA deposits grew modestly, while CASA ratio declined marginally to 31% from 32% QoQ.

 

Strategic Outlook

Having a conservative asset quality strategy, particularly in the microfinance business.

 

The Q1 FY26 performance of the bank provides a good start for the remainder of the current fiscal year, with analysts anticipating sustained growth in deposits and a gradual pick-up in credit demand.

 

Sources: Business Standard, Markets Host, Equitas Bank Investor Relations, NDTV Profit