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Equitas Small Finance Bank reports 52% growth in total deposits during Q4FY21

07 Apr 2021 Evaluate

Equitas Small Finance Bank recorded total deposits (provisional) of Rs 16,391 crore in Q4FY21 rising by 52% from Rs 10,788 crore a year ago same period. The bank witnessed Gross Advances (provisional) of Rs 17,896 crore in the fourth quarter ending March 2021 (Q4FY21) period, registering a 16% rise from advances of Rs 15,367 crore in the corresponding period of the previous year.

The bank's CASA stood at Rs 5,613 crore in Q4FY21 increasing by 154% Year on Year (YoY). While the CASA ratio was at 34% in Q4FY21 versus 21% in Q4FY20.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.

Peers
Company Name CMP
HDFC Bank 713.05
ICICI Bank 1351.55
Axis Bank 1253.60
Kotak Mahindra Bank 442.55
Indusind Bank 860.55
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